310 KING STREET N, Waterloo, Ontario N2J 2Z2

310 KING STREET N, Waterloo, Ontario N2J 2Z2

$2,100,000.00

  • 13 bedrooms
  • 4 bathrooms

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 ... read more

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. (id:25417)

  • Listing ID: X11959478
  • Property Type: Single Family
Property
Ownership: Freehold
Lot Size: 66 by 122.2 FT
Parking: 6 Spaces
Building
Type: Single Family House
HVAC: Central Air Conditioning, Fireplace and Forced Air
Natural Gas
Exterior: Vinyl Siding and Brick Facing
Basement: N/A (Finished)
Utilities: Sanitary Sewer
Location
Municipality: Waterloo
Province: Ontario

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310 KING STREET N, Waterloo, Ontario N2J 2Z2
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This property, located on King Street North in Waterloo Ontario, was published on February 6th, 2025. See if this home suits your needs, or speak with an agent about subscribing to similar homes. At MoveMeTo.com, we make finding homes for sale in Waterloo convenient.