25 High St, Waterloo, ON N2L 3X4

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.