216 KING Street S, Waterloo, Ontario
$2,195,000
- 10 Beds
- 6 Baths
- 5,784 Square Feet
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. (id:23309)
- Listing ID: 40633042
- Property Type: Multi-family
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Listing provided by Chestnut Park Real Estate Limited, Brokerage
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 216 KING Street S in Waterloo Ontario, was last modified on August 15th, 2024. Contact Bob Downer to schedule a viewing or to find other properties for sale in Waterloo.