316 King Street N Waterloo, Ontario N2J 2W6
$14,880,000
A rare opportunity to acquire a prominent King Street address in the heart of Waterloo, anchored by an existing 10-storey residential building with a proven rental history. Strategically located within walking distance to the University of Waterloo, Wilfrid Laurier University, and Conestoga College Waterloo Campus, this property sits in one of the region's most desirable rental corridors, surrounded by constant demand from students, professionals, and urban residents. Built in 2009, the existing building has remained fully rented since completion, offering investors immediate in-place income, stability, and long-term holding value in a high-growth market. The additional upside makes this opportunity truly exceptional. The same lot benefits from approved zoning for a 14-storey condominium development, allowing for a total project of 123 condominium apartments with a mix of one, two, and three-bedroom units. This gives the purchaser the rare ability to secure strong existing cash flow today while unlocking significant future development potential. For builders, developers, and strategic investors, the groundwork has already been advanced. A full team of architects, planners, and builders is available and ready to assist with execution, if required. This is more than a development site. It is an income-producing asset with a clear path to growth in one of Waterloo's strongest urban locations. (id:43681)
商业信息
| 商业类型 | Residential |
| 商业子类型 | Apartments |
房源概要
| MLS® Number | X13604606 |
| 房源类型 | Multi-family |
| 特征 | Elevator |
详 情
| 空调 | 全物业配备空调 |
| 供暖方式 | 天然气 |
| 供暖类型 | 压力热风 |
| Size Exterior | 28438 Sqft |
| 内部尺寸 | 28438 Sqft |
| 类型 | Multi-family |
| 设备间 | 市政供水 |
车 位
| 地下 |
土地
| 英亩数 | 无 |
| 土地深度 | 125 Ft |
| 土地宽度 | 230 Ft ,9 In |
| 不规则大小 | Bldg=230.79 X 125 Ft ; 65.85 Ft X 122.16 Ft X 231.04 Ft X 142.1 |
| 规划描述 | 住宅 Mixed-use |
https://www.realtor.ca/real-estate/30078219/316-king-street-n-waterloo
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Toronto Real Estate Board
RE/MAX Realty Specialists Inc.
July 24 2026 10:34:35
