$3,249,000^{FOR SALE}

Investment

Lot: 115.85 x 116.74 ftTotal Area: 7,619 ft²
2024 Taxes: $33,945.01

303 King St N
Waterloo, ON N2J 2Z1

Incredible Opportunity To Own A 12 Unit Apartment Building In A Prime Corner Location Between The University Of Waterloo & Wilfrid Laurier University. Potential To Increase Rents On A Few Units. Existing Assumable CMHC Insured Mortgage ($1,980,966 @ 1.98% w/40 Yr Amortization) Expiring Dec 2025. Seller Might Consider VTB. Potential Stand Alone Development Site Or Could Be Part Of Larger Assembly. Highest Density Zoning (MR25). Invest Now, Build Later.

Listed By	HARVEY KALLES REAL ESTATE LTD.
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X8342570
Last Updated	Aug 26, 2024

Property Summary

Property Type	Investment More like this: Waterloo Investment for Sale
Use	Apartments - 6 to 12 Units
Category	Apartment
Legal Description	LTS 4-6 PL 721 CITY OF WATERLOO EXCEPT PT 1, 58R14
Occupancy	Tenant
Possession Date	TBD
Taxes (2024)	$33,945.01
Tax Type	Annual
Directions/Cross Streets	University & King
Area	Waterloo

Price History

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Detailed Information

Freestanding	Y
Lot	115.85 x 116.74 ft
Lot Irregularities	135.46 West Side, 98.44 South
Office/Apt Area	7,619 ft²
Total Area	7,619 ft²
Elevator	None
Air Conditioning	N
Basement	Y
Garage Type	Outside/Surface
Parking Spaces	12
Heat Type	Water Radiators
Financial Statement	Y
Sprinklers	N
Sewers	San+Storm
Utilities	Y
Water	Municipal
Lot/Bldg/Unit Code	Lot
Zoning	NMU25
Seller Property Info Statement	N

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303 King St N, Waterloo, ON N2J 2Z1

Investment

303 King St N Waterloo, ON N2J 2Z1

303 King St N
Waterloo, ON N2J 2Z1