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303 King St N

King St NDowntown WaterlooWaterlooON, N2J 2Z1

-
Beds
-
Baths
7,619
Sq. Ft.
$3,249,000
List Price
303 King St N, Waterloo, ON
New
18 days on market

Quick Summary

  • Prime corner location between universities
  • Potential to increase rents on some units
  • Existing assumable CMHC insured mortgage
  • Seller may consider vendor take-back financing
  • Potential stand-alone development site
  • Could be part of larger assembly
  • Highest density zoning (MR25)
  • Opportunity to invest now, build later

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... Show More

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. (id:54626)

Property Details

Size

7,619 sq. ft.
0 Beds
0 Baths

Parking

12 Parking Spaces
-

Heating & Cooling

Heating
Hot water radiator heat
Cooling
-

Utilities

Water
Municipal water
Sewer
-
SHOW LESS

Source

Listing Brokerage

MLS® Listing
X8342570
Last Updated
May 15, 2024
Brokerage
HARVEY KALLES REAL ESTATE LTD.
Powered by: REALTOR.ca
Call us 800-591-0566

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