188 Waterloo St - 188 Waterloo Street Multi-family Development
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188 Waterloo St - 188 Waterloo Street Multi-family Development
0.4 Acres of Commercial Land Offered at $553,346 USD in Kitchener, ON N2H 3W1
Executive Summary
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.
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.
Property Facts
| Price | $553,346 USD | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Conditions | Build to Suit | Total Lot Size | 0.40 AC |
| No. Lots | 1 |
| Price | $553,346 USD |
| Sale Type | Investment or Owner User |
| Sale Conditions | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.40 AC |
1 Lot Available
Lot
| Price | $553,346 USD | Lot Size | 0.40 AC |
| Price Per AC | $1,390,064 USD |
| Price | $553,346 USD |
| Price Per AC | $1,390,064 USD |
| Lot Size | 0.40 AC |
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Walk Score ®
Very Walkable (82)
Bike Score ®
Very Bikeable (85)
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188 Waterloo St - 188 Waterloo Street Multi-family Development
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