Message Number424397
statusActive
Subject LineKWC - Waterloo - Multi-Res / Town Home Development Site - $4,388,000 - RMU 20 Zoning Steps to Uptown - Architectural Rendering for 62 Unit Building!
Business area
Canada
Ontario
Southwestern Ontario
Waterloo
Location, City159-165 Erb Street West, Water
Have/WantHave
Business categorySubdivision Potential/Condo Sites/Townhouse Sites/Building Lots
Date of ListingMarch 18 2024
Type DescriptionInfill Development Land
LocationWaterloo
Price$4,388,000.00
Site area0.54 Acres
ZoningRMU-20
Comments Compelling Opportunity! Four parcel land assembly featuring 0.542 acres of RMU-20 zoned land available in perhaps the most exciting area in Waterloo! 194 feet of frontage! Situated steps to Waterloo Park's LRT station (about 200 meters) this IS the most intriguing site in Waterloo on the market. Uptown Waterloo, with its shops and nightlight, Waterloo Park and Waterloo Rec Centre are a quick walk away. Both universities are accessible by LRT - just a stop away! CIGI down the street. Perimeter Institute and Clay and Glass museum around the corner. Warehouse the site now and work on your development plans. One owner owns all four parcels - only one negotiating party. RMU-20 zones allows for multi-unit residential building, mixed use building with dwelling units about first story, freehold towns, stacked townhome buildings, long term assisted care facility and more! Seller has conceptual, architectural drawings for 64 unit build. This is a rare development opportunity in the Uptown core. Why settle for a tertiary location when you can own The Best? Opportunity knocks - will you answer?
Internet Links

Architectural Rendering



Residential Mixed Use Zoning



Why Invest in Kitchener-Waterloo?

Member Identifier201
Client DetailsActive Investor
ControlMLS
NameMike Milovick
TitleBroker
Company NameRoyal LePage Wolle Realty
Address Line One7A, 180 Northfield Drive West
CityWaterloo
State/ProvinceOntario
Zip/Postal CodeN2H 0C7
CountryCanada
Business Phone Number(519)747-2040
Cell Number519-747-2040
Home Number519-747-2040
FAX Number519-747-2081
Email AddressSend Email
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