216 KING STREET S, Waterloo, Ontario
$2,145,000
- 5,784 Square Feet
Rare find in Uptown Waterloo. This purposely built rental property comprises 5-unit townhome-style suites with terraces located in the heart of the city. Potential to expand size to 20-35 unit building on site. Can build up to 6-storeys. A large renovation was completed in 2020/21 including electrical and plumbing. Total floor area is 5,784 SF. Flat roof approx. 10-years old & sloped roof shingles replaced in 2017. This is a rare opportunity! City Planning report Available to expand size of the building. Site is designated Medium Density which permits a maximum height of 20 meters on Schedule B1. Enjoy the positive cashflow until you want to develop or hold and sell to a developer. This property is a central key property to the assembly with the two adjacent properties. (id:23309)
- Listing ID: X9255767
- Property Type: Multi-family
Schedule a Tour
Schedule Private Tour
Karim Ellis would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Karim Ellis, who specializes in Waterloo real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Karim Ellis find a property to match your lifestyle.
Listing provided by CHESTNUT PARK REAL ESTATE LIMITED
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 216 KING STREET S in Waterloo Ontario. It was last modified on August 15th, 2024. Contact Karim Ellis to schedule a viewing or to discover other Waterloo real estate for sale.