$734,900
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38 High Street, Waterloo, ON N2L3X8

6 Beds
2 Baths
1,001 Sq Ft

Welcome To This Rare And Fully Compliant Investment Opportunity In The Heart Of Waterloo's Prime Student Corridor! This Well-Maintained 3+3 Bedroom Detached Bungalow Is Perfectly Positioned For Investors Seeking Strong, Consistent Rental Income In A High-Demand Location. The Main Floor Unit Offers Spacious Kitchen And Living Area, Three Generously Sized Bedrooms, and A Full Bathroom. The Legal Basement Unit Features Three Bedrooms, A Spacious Eat-In Kitchen, A Full Bathroom Providing Excellent Tenant Appeal And Privacy. This Property Boasts Two City Of Waterloo-Issued A3 Rental Licenses (3 Bedroom + 3 Bedroom) Making It A Fully Compliant And Turn-Key Student Rental Operation. Adding To Its Long-Term Value, The Property Is Located Within The Proposed Sugarbush South Initiative Under The City Of Waterloo's Housing Accelerator Fund, A Planning Framework Designed To Support And Fast-Track Higher-Density And Missing Middle Housing Opportunities. Situated Just Minutes From University Of Waterloo, Wilfrid Laurier University, Conestoga College, Public Transit, Shopping, Dining, And Everyday Amenities. Great For Investors or Parents Looking To House Their Kids While Attending Post Secondary School! A Rare Opportunity To Secure A Cash-Flowing Asset With Strong Upside Potential In One Of Waterloo's Most Desirable And Resilient Investment Locations. (id:58753)

  • MLS® 40802003
  • Date Listed01/31/2026
  • Days on Realty 124 Days
  • Bedrooms 6
  • Bathrooms 2 baths
  • Lot Size -
  • Sewer Public Sewer
  • Subdivision 421 - Lakeshore/Parkdale
  • Property Type Single Family Residence
  • Year Built 1960
  • Water Public
  • Square Feet 1,001 sq. ft
  • Price Per Sq. Ft $734.17

Interior Features

  • Cooling Central air conditioning
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N2L3X8

Discover key demographics, population statistics, and environmental insights for the Waterloo, ON area.

Walkability in ON / N2L3X8

Source: Walk Score

82/100

Very Walkable

Walk Score ®

65/100

Good Transit

Transit Score ®

75/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.


Transit Summary

16 nearby routes: 15 bus, 1 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 49/100, Transit Score: 40/100, Bike Score: 61/100.

Frequently Asked Questions for 38 HIGH Street

Source: Realty.com

38 HIGH Street, Waterloo, ON N2L3X8 in 421 - Lakeshore/Parkdale, Waterloo, ON N2L3X8 is a single family residence listed at $734,900. Highlights include 6 bedrooms, 2 bathrooms, 1,001 sq. ft., built in 1960, $734 per sq. ft.. Realty.ca has 36 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 36 photos of 38 HIGH Street.

Our records indicate that 38 HIGH Street was built in 1960.

The full address for this home is 38 HIGH Street, Waterloo, ON N2L3X8.

38 HIGH Street has been listed on Realty.com since Sat January 31, 2026

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 49/100, Transit Score: 40/100, Bike Score: 61/100.

Listing provided courtesy of: ROYAL LEPAGE SIGNATURE REALTY
Listing agent: Thomas Pobojewski

This content last refreshed on 2026-06-04 13:52:47. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.