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216 King Street S Waterloo, Ontario N2J 1R3

10 Bedroom 6 Bathroom 5784 sqft
None

$2,195,000

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:55580)

Property Details

MLS® Number 40633042
Property Type Multi-family
Amenities Near By Airport, Golf Nearby, Hospital, Place Of Worship, Public Transit, Schools, Shopping
Community Features High Traffic Area, School Bus
Features Paved Driveway
Parking Space Total 10

Building

Bathroom Total 6
Bedrooms Total 10
Basement Development Unfinished
Basement Type Partial (unfinished)
Cooling Type None
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Stories Total 2
Size Interior 5784 Sqft
Utility Water Municipal Water

Parking

Visitor Parking

Land

Acreage No
Land Amenities Airport, Golf Nearby, Hospital, Place Of Worship, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 124 Ft
Size Frontage 66 Ft
Size Total Text Under 1/2 Acre
Zoning Description U2 20

https://www.realtor.ca/real-estate/27294294/216-king-street-s-waterloo

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Roxanne Finn
Broker

(289) 338-0767
(416) 925-3935

Chestnut Park Real Estate Limited, Brokerage
64 Hillcrest Drive
Stratford, Ontario N5A 5J1

(289) 338-0767
(416) 925-3935
www.chestnutpark.com

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