310 King Street North, Waterloo | Image 1

310 King Street North

Waterloo

  • 9 bed 4 bath 2500 sqft
$2,100,000 est.*: $7,114/mo
For Sale

Added 1 day ago

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  • Type: Detached

  • Style: 2-Storey

  • Size: 2500 sqft

  • Lot Size: 66.02 x 122.2 Feet

  • Age: No Data

  • Taxes: $7,444 per year

  • Added: Feb 06, 2025 (1 day ago)

  • Updated:

  • Last Checked: 2 hours ago

  • MLS®#: X11959478

  • Listed By: Spectrum realty services inc.

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. Contact today for the Investor Worksheet and more details! Currently Student occupy most unit. Showing possible to common area only, For the possibility of rezoning or redevelopment, please do your due diligence.

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Property

  • Status: Sale

  • Property Type: Detached

  • Style: 2-Storey

  • Size (sq ft): 2500

  • Area: Waterloo

  • Availability Date: TBD

Inside

  • Bedrooms: 9

  • Bedrooms Plus: 4

  • Bathrooms: 4

  • Kitchens: 2

  • Kitchens Plus: 1

  • Rooms: 25

  • Den/Family Room: No

  • Air Conditioning: Central Air

  • Fireplace: No

  • Central Vacuum: N

  • Washrooms: 4

Building

  • Basement: Fin W/O

  • Basement 2: Sep Entrance

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick Front

  • Exterior: Vinyl Siding

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 6

  • Total Parking Spaces: 6

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 76 SUBDIVISIONS OF LT 13

  • Taxes: $7,444

Land

  • Cross Street: University Ave & Kin

  • Municipality District: Waterloo

  • Fronting On: West

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 122.2 Feet

  • Lot Frontage: 66.02 Feet

  • Zoning: MR25

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Very Walkable

  • Most errands can be accomplished on foot.
87 /100

Good Transit

  • Some errands can be accomplished by public transportation.
63 /100

Very Bikeable

  • Most errands can be accomplished on bike.
75 /100
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Map of 310 King Street North, Waterloo
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