Urban infill sites in Waterloo Region are not common and 188 Waterloo St offers an exceptional opportunity. With flexible R-5 zoning, Kitchener's latest zoning proposals (see attachments) mean it could be possible to build a 10+ unit multi-family site here on this 50 x 359 ft lot. Neighbouring 192 Waterloo has already built out a similar concept. Already on site, are a charming and updated 1.5 storey century home with 3 bedrooms (or two and a mainfloor office) and a detached garage. Excellent holding assets while plans are made to carry this property into the 21st century. Note the midtown location, with future access to the Regional Transit Hub, Uptown and Downtown Kitchener while the property backs onto the Spur Line multi-use pedestrian trail. (id:47423)
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Detailed Information
Lot
50 x 359 ft
Amenities Nearby
Airport, Public Transit, Schools
Listing Contract Date
2024-09-12
Location Description
Off of Guelph St - closest crossroad.
Ownership Type
Freehold
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
RES-5
Building
Basement Type
None
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Access Type
Rail access
Amenities
Airport, Public Transit, Schools
Sewer
Municipal sewage system
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