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$ 1,499,900
Est. payment | /mo
6,545 SqFt
$ 1,499,900
Est. payment | /mo
6,545 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 6,545 sqft
Price per Sqft $229
MLS Listing ID X10413334
Annual Tax Amount $6,057
Tax Year 2024
Property Description
This prime development site is located between Columbia Street, Alberta Street, Lester Street and University Avenue, making it the ideal location for student housing in Waterloo. It is within walking distance to both the University of Waterloo (UW) and Wilfrid Laurier University (WLU). This property with 4+2 ( legal permit) bedrooms, owned tankless water heater, 2023 heat pump. It is currently rented to students with great revenue, providing an excellent opportunity for developers or investors to continue renting the property while awaiting the right time for development.With (H)RN-6 zoning, this is undoubtedly a perfect lot that perceptive developers are looking for.
Location
Province ON
County Waterloo
Interior
Cooling Yes
Exterior
Garage Spaces 4.0
Utilities Available Yes
Parking Type Single Detached
Listed by HOMELIFE LANDMARK REALTY INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "