366 Holly Street, Waterloo, ON, N2L 4G3

$699,900

MLS® # 40788776

House For Sale In Columbia, Waterloo, Ontario

$699,900

  • 9

    Bedrooms

  • 3

    Baths

  • 4

    Parking Spaces

Property Information:

ATTENTION INVESTORS! RMU ZONING, DUPLEX POTENTIAL WITH SEPARATE ENTRANCE, AND ASSEMBLY POTENTIAL WITH 25 HIGH STREET. 366 Holly Street is a solid bungalow offering immediate rental income potential with three bedrooms on the main floor and six additional bedrooms on the lower level, and ideal for duplex configuration. The true long-term value is in the land and flexible RMU zoning, which permits a wide range of multi-unit residential uses, including mid-rise redevelopment. The property also sits within the proposed Sugarbush South Initiative under the City of Waterloo’s Housing Accelerator Fund, a planning framework intended to streamline and accelerate approvals for higher-density and “missing middle” housing. An added advantage is the ability to purchase 366 Holly together with the neighbouring legal fourplex at 25 High Street, creating an expanded development footprint and the option for coordinated closings. With strong rental demand, redevelopment flexibility, and a prime location near universities, transit, and daily conveniences, this offering is a strategic opportunity to renovate, hold, or pursue a larger, multi-parcel project.

Inclusions: Refrigerator,Stove

Building Features:

  • Floor Space: 2940 Square Feet

Property Features:

  • Bedrooms: 9
  • Bathrooms: 2+1
  • Acres Range: < 0.5
  • Architectural Style: Bungalow
  • Basement: Full, Finished
  • Construction Materials: Board & Batten Siding, Brick
  • Cooling: None
  • Driveway Parking: Private Drive Double Wide
  • Floor Space (approx): 2940 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Coin Operated, Laundry Room, Lower Level
  • Lot Depth: 130 Feet
  • Lot Features: Urban, Library, Park, Public Transit, Schools, Shopping Nearby
  • Lot Frontage: 74.00 Feet
  • Parking Features: Attached Garage
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: RMU
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Rooms:

  • Other Main Level 3.68 X 4.67 Note: Kitchen/Dining Room
  • Den Main Level 3.05 X 2.90
  • Living Main Level 5.54 X 3.68
  • Bedroom Main Level 3.71 X 3.38
  • Primary Bedroom Main Level 4.44 X 4.09
  • Kitchen Basement Level 3.96 X 1.96
  • Bedroom Main Level 4.44 X 2.79
  • Recreation Room Basement Level 3.96 X 5.03
  • Bedroom Basement Level 3.00 X 3.61
  • Bedroom Basement Level 3.71 X 2.92
  • Bedroom Basement Level 3.78 X 3.38
  • Bedroom Basement Level 3.25 X 2.92
  • Bedroom Basement Level 4.22 X 3.38
  • Bedroom Basement Level 3.91 X 3.00
  • Bathroom Basement Level
  • Laundry Basement Level 3.99 X 5.28
  • Storage Basement Level 3.86 X 3.10
  • Bathroom Main Level
  • Other Main Level

Courtesy of: RE/MAX TWIN CITY REALTY INC.

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Additional Photos