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.
For sale
C$699,900
366 Holly St, Waterloo, ON N2L 4G3
9beds
1,328sqft
Single Family Residence, Residential
Built in ----
9,583.2 Square Feet Lot
$-- Zestimate®
C$527/sqft
C$-- HOA
What's special
Solid bungalowSeparate entrance
- 16 days |
- 127 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: November 26, 2025 at 01:17pm
Listed by:
Amy Banton, Salesperson,
RE/MAX TWIN CITY REALTY INC.
Source: ITSO,MLS®#: 40788776Originating MLS®#: Cornerstone Association of REALTORS®
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Other
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Basement
Bedroom
- Level: Basement
Bedroom
- Level: Basement
Bedroom
- Level: Basement
Bedroom
- Level: Basement
Bedroom
- Level: Basement
Bathroom
- Features: 3-Piece
- Level: Basement
Bathroom
- Features: 4-Piece
- Level: Main
Other
- Features: 2-Piece
- Level: Main
Den
- Level: Main
Kitchen
- Level: Basement
Other
- Level: Main
Laundry
- Level: Basement
Living room
- Level: Main
Recreation room
- Level: Basement
Storage
- Level: Basement
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Refrigerator, Stove
- Laundry: Coin Operated, Laundry Room, Lower Level
Features
- None
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 2,940
- Total interior livable area: 1,328 sqft
- Finished area above ground: 1,328
- Finished area below ground: 1,612
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Attached Garage, Private Drive Double Wide
- Attached garage spaces: 2
- Uncovered spaces: 2
Features
- Frontage type: East
- Frontage length: 74.00
Lot
- Size: 9,583.2 Square Feet
- Dimensions: 74 x 130
- Features: Urban, Library, Park, Public Transit, Schools, Shopping Nearby
Details
- Parcel number: 222780014
- Zoning: RMU
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence, Residential
Materials
- Board & Batten Siding, Brick
- Roof: Asphalt Shing
Condition
- 51-99 Years
- New construction: No
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & HOA
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: C$527/sqft
- Annual tax amount: C$7,439
- Date on market: 11/24/2025
- Inclusions: Refrigerator, Stove
Amy Banton, Salesperson
(519) 885-0200
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Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/24/2025 | Listed for sale | C$699,900C$527/sqft |
Source: ITSO #40788776 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.Climate risks
Neighborhood: N2L
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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