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216 King St S

King St SMary AllenWaterlooON, N2J 1R3

10
Beds
6
Baths
5,784
Sq. Ft.
$2,145,000
List Price
216 King St S, Waterloo, ON - 1 of 3
216 King St S, Waterloo, ON - 2 of 3
216 King St S, Waterloo, ON - 3 of 3
82 days on market

Quick Summary

  • Rare purpose-built rental property
  • Boutique building with sought-after tenants
  • Tastefully renovated suites with terraces
  • Convenient location near transit and schools
  • Extensive recent renovations and upgrades
  • Potential to expand building size and units
  • Designated medium-density zoning
  • Prominent King St. S. frontage

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.... Show More

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:54626)

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Property Details

Size

5,784 sq. ft.
across 2 floors
10 Beds
6 Baths
6 Full

Parking

10 Parking Spaces
Visitor Parking

Lot

Size
792′0″ * 1487′12″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Unfinished
Exterior
Brick
Foundation
Poured Concrete
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
-
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40633042
Last Updated
October 31, 2024
Brokerage
Chestnut Park Real Estate Limited, Brokerage
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Call us 800-591-0566

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