216 King Street S , Waterloo, ON N2J 1R3
Waterloo, ON N2J 1R3
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 Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 54 |
| Listing Provided By | Chestnut Park Real Estate Limited, Brokerage | Roxanne Finn |
Features
| Bed(s) | 10 |
|---|---|
| Bath(s) | 6 |
| SQ Feet | 5,784 |
| Basement | Y |
| Story(s) | 2 |
| Units | 5 |
| Zoning | U2 20 |
| Golf Course | Yes |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Waterloo |
| City | Waterloo |
| Postal Code | N2J 1R3 |
| Area | 4 Waterloo West |
| Subarea | 415 Uptown Waterloo | Westmount |
| Community Name | 415 Uptown Waterloo/Westmount |
| School District | Kitchener Waterloo Collegiate |
| Elementary School | Elizabeth Ziegler And Macgregor |
| Listing VS Median (in 415 Uptown Waterloo/Westmount) | |
Price: $2,195,000 low | high Med: $579,990 SqFt: 5,784 low | high Med: 1,261 $ / SqFt: $379 low | high Med: $460 On Site: 54 low | high Med: 7.000000 | |
