216 King S Street, Waterloo, ON N2J 1R3

  • $2,145,000
  • $2,195,000
216 King S Street, Waterloo, ON N2J 1R3
  • X9255767
  • MLS® Number
  • Investment, Commercial
  • Property Type
  • 5784
  • Sqft
Active For Sale
216 King S Street, Waterloo, ON N2J 1R3
216 King S Street, Waterloo, ON N2J 1R3
  • $2,145,000
  • $2,195,000

Description

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.

Details

MLS® Number
X9255767
Property Size
5784 Sqft
Updated on October 31, 2024 at 5:58 pm

Additional details

  • Utilities: Yes
  • Sewer: Sanitary+Storm
  • Cooling: No
  • County: Waterloo
  • Property Type: Commercial Sale
  • Community Features: Major Highway,Public Transit

Address

  • Address 216 King S Street
  • City Waterloo
  • State/county ON
  • Zip/Postal Code N2J 1R3

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
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