Added 1 week ago
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Type: Investment
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Property Type: Commercial
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Zoning: (H)RN-6
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Age: No Data
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Taxes: 6057.12
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MLS®#: X10413334
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Added: Nov 07, 2024 (1 week ago)
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Updated:
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Last Checked: 9 hours ago
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Listed By: HOMELIFE LANDMARK REALTY INC.
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.
Property
Status: Sale
Property Type: Investment
Property Type: Accommodation
Area: Waterloo
Availability Date: Negotiable
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Forced Air Closd
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: Single Detached
Covered Parking Spaces: 4
Fees
Tax Year: 2024
Tax Legal Description: PT LT 6 SUBDIVISION OF LT 13 GERMAN COMPANY TRACT CITY OF WATERL
Taxes: $6,057
Taxes Type: Annual
Land
Cross Street: Columbia, Alberta, L
Municipality District: Waterloo
Parcel Number: 223640038
Lot Depth: 130 Feet
Lot Frontage: 50 Feet
Zoning: (H)RN-6
Commercial Specific
Total Area: 6545
Total Area Metric: Sq Ft
Lot Code: Lot
Winston Churchill Public School
Elementary: PublicOur Lady of Lourdes Catholic Elementary School
Elementary: CatholicCedarbrae Public School
Elementary: PublicSir Edgar Bauer Catholic Elementary School
Elementary: CatholicKeatsway Public School
Elementary: PublicMacGregor Public School
Elementary: PublicSt David Catholic Secondary School
Secondary: CatholicForest Heights Collegiate Institute
Secondary: PublicKitchener Waterloo Collegiate and Vocational School
Secondary: PublicBluevale Collegiate Institute
Secondary: PublicWaterloo Collegiate Institute
Secondary: PublicResurrection Catholic Secondary School
Secondary: Catholic
