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$1,100,000

Waterloo ON, N2L 3X4

MLS® # 40788772

Property Information:

ATTENTION INVESTORS! RMU ZONING, LEGAL FOURPLEX, AND ASSEMBLY POTENTIAL WITH 366 HOLLY STREET. 25 High Street is a purpose-built fourplex offering 20 total bedrooms (5 beds and 2 baths per unit!), plus excellent on-site parking. The property is fully vacant, making it ideal for a complete renovation, reconfiguration, or a full redevelopment depending on your vision. Its RMU zoning allows a wide range of multi-unit residential uses, including mid-rise construction — a rare opportunity in this established student corridor. The site is also part of the proposed Sugarbush South Initiative under the City of Waterloo’s Housing Accelerator Fund, designed to streamline approvals and support the creation of “missing middle” housing. Buyers looking for scale will appreciate that 25 High Street is being offered together with the neighbouring 366 Holly Street, creating a larger, coordinated redevelopment footprint in a high-demand location near universities, transit, shopping, and everyday conveniences. Whether you plan to rebuild, reposition, or develop new, this property offers zoning, density potential, and location that rarely align.

Inclusions: None

Building Features:

  • Floor Space: 4212 Square Feet

Property Features:

  • Bedrooms: 20
  • Acres Range: < 0.5
  • Basement: Full, Partially Finished
  • Built in: 2001
  • Construction Materials: Brick
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 4212 Square Feet
  • Heating: Other
  • Laundry Features: None
  • Lot Depth: 129 Feet
  • Lot Features: Library, Park, Public Transit, Schools, Shopping Nearby
  • Lot Frontage: 52.00 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: RMU20
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 7

Courtesy of: RE/MAX TWIN CITY REALTY INC.

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Potential Investment Performance

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Location of 25 High Street, Waterloo, ON, N2L 3X4

Demographic Information of 25 High Street, Waterloo, ON, N2L 3X4

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$73,708.19

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.52 %

High school certificate or equivalent

35.16 %

Apprenticeship trade certificate/diploma

2.55 %

College/non-university certificate

12.79 %

University certificate (below bachelor)

1.34 %

University Degree

38.65 %

Commuter

Travel To Work

By Car

68.76 %

By Public Transit

15.74 %

By Walking

10.32 %

By Bicycle

1.09 %

By Other Methods

4.09 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

91.51 %

Houses

8.49 %

Own Vs. Rent