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$2,100,000
Available - For Sale
Listing ID: X11959478
Attention Investor- High Redevelopment Opportunity!$90,000+ Gross Annual Income! Investor's dream in prime MR-25 zoning, the highest density in the city. This student rental-licensed, purpose-built property features three spacious units - two 4-bedroom units and one 5-bedroon unit, offering immediate positive cash flow and future redevelopment potential. Located on King Street frontage in a high-demand rental area, just steps to Wilfrid Laurier University (650m, less than 1 minute) and the University of Waterloo (2 km, 4 minutes). Walking distance to transit, shops, and amenities. High redevelopment potential with Official Plan designation for intensification and higher density, reducing planning risk for future development. Ideal for investors looking for strong cash flow now and long-term growth potential. Currently Student occupy most unit. Showing possible to common area only, For the possibility of rezoning or redevelopment, please do your due diligence.
Price $2,100,000
Taxes: $7,444.15
Address: 310 King St North , Waterloo, N2J 2Z2, Ontario
Lot Size: 66.02 x 122.2 (Feet)
Directions/Cross Streets: University Ave & King St
Rooms: 25
Bedrooms: 9
Bedrooms +: 4
Washrooms: 4
Kitchens: 2
Kitchens +: 1
Family Room: N
Basement: Fin W/O
Sep Entrance
No. of Pieces Level
Washroom 1:  2 Main
Washroom 2:  4 Main
Washroom 3:  3 Bsmt
Washroom 4:  4 2nd
Property Type: Detached
Style: 2-Storey
Exterior: Brick Front
Vinyl Siding
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 6
Pool: None
Approximatly Square Footage: 2500-3000
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Sewers: Sewers
Water: Municipal
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SPECTRUM REALTY SERVICES INC.

310 King St North , Waterloo, N2J 2Z2, Ontario

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Waterloo
Municipality: Waterloo
Neighbourhood:
Style: 2-Storey
Lot Size: 66.02 x 122.20(Feet)
Approximate Age:
Tax: $7,444.15
Maintenance Fee: $0
Beds: 9+4
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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