$2,145,000
 $11,515 est/mo Sourced by Back At You

216 King Street S , Waterloo, ON N2J 1R3

Waterloo, ON N2J 1R3

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Description

Rare find in Uptown Waterloo. This purpose built rental property comprises 5 - 2 bedroom with den townhome-style suites with terraces and located in the heart of the city. No shared hallways. 66 ft. frontage on King St. S. across from the Sun Life Building. Large renovation completed in 2020 and 2021 including electrical and plumbing. All rad controls in units replaced this July. Suites have been tastefully renovated. Total floor area is 5,784 sf. Boutique building that is unique and sought-after by AAA+ tenants. Walking distance to Allen Station, University of Waterloo, Conestoga College, Grand Valley Hospital and Kitchener Public Library. Flat section of roof is Carlisle 60mil EPDM single-ply membrane fully adhered to mechanical fastened poly-ISO insulation & approx. 10-years old. The sloped section was upgraded with new GAF laminate shingles in 2017. This is a rare opportunity! City Planning Report Available to expand size of the building up to 36 bedrooms. The site is designated Medium Density, 20 metres on Schedule B1 (Height and Density) which permits a maximum height of 20 metres (approximately 6 storeys) and a maximum density of 450 bedrooms per hectare. Based on the site area of 0.08 hectare this translates to a density allowance of approx. 36 bedrooms.

Details

MLS#40633042
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site81
Listing Provided ByChestnut Park Real Estate Limited, Brokerage | Roxanne Finn

Features

Bed(s)10
Bath(s)6
SQ Feet5,784
BasementY
Story(s)2
Units5
ZoningU2 20
Golf CourseYes
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Listings Checked: 5 minutes ago
ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2J 1R3
Area4 Waterloo West
Subarea415 Uptown Waterloo | Westmount
Community Name415 Uptown Waterloo/Westmount
School DistrictKitchener Waterloo Collegiate
Elementary SchoolElizabeth Ziegler And Macgregor
Listing VS Median (in 415 Uptown Waterloo/Westmount)
Price:
$2,145,000
low | high
Med:
$619,000
100% of Average
SqFt:
5,784
low | high
Med:
1,292
100% of Average
$ / SqFt:
$371
low | high
Med:
$479
20.809933100955% of Average
On Site:
81
low | high
Med:
26.000000
100% of Average
Sourced by Back At You
Listing Updated: October 31, 2024 at 2:11:44 PM PDT