216 King Street S, Waterloo
- Bedrooms: 10
- Bathrooms: 6
- Living area: 5784 square feet
- Added: 99 days ago
- Updated: 21 days ago
- Last Checked: 18 hours ago
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.
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Property DetailsKey information about 216 King Street S
- Heating: Hot water radiator heat, Natural gas
- Structure Type: Multi-Family
Interior FeaturesDiscover the interior design and amenities
- Living Area: 5784
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 216 King Street S
- Water Source: Municipal water
- Lot Size Dimensions: 66 x 124.08 FT
Location & CommunityUnderstand the neighborhood and community
- Directions: King St. S. & John St. E.
- Street Dir Suffix: South
Business & Leasing InformationCheck business and leasing options available at 216 King Street S
- Business Type: Residential
Tax & Legal InformationGet tax and legal details applicable to 216 King Street S
- Tax Annual Amount: 10625
- Zoning Description: U2 20 (Uptown Mixed-Use)
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Min Price
$1,499,999
Max Price
$2,145,000
Avg Price
$1,822,500
Days on Market
67 days
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0
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