310 King Street N, Waterloo, Ontario N2J 2Z2 (27885002)

LOADING

13 Bedroom 4 Bathroom 2,500 - 3,000 ft²

Central Air Conditioning Forced Air

$2,100,000

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. (id:54662)

Property Details

MLS® Number	X11959478
Property Type	Single Family
Neigbourhood	Northdale
Parking Space Total	6

Building

Bathroom Total	4
Bedrooms Above Ground	9
Bedrooms Below Ground	4
Bedrooms Total	13
Basement Development	Finished
Basement Features	Separate Entrance, Walk Out
Basement Type	N/a (finished)
Construction Style Attachment	Detached
Cooling Type	Central Air Conditioning
Exterior Finish	Vinyl Siding, Brick Facing
Foundation Type	Concrete
Half Bath Total	1
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	2,500 - 3,000 Ft²
Type	House
Utility Water	Municipal Water

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	122 Ft ,2 In
Size Frontage	66 Ft
Size Irregular	66 X 122.2 Ft
Size Total Text	66 X 122.2 Ft
Zoning Description	Mr25