Overview
- Updated On:
- October 31, 2024
- 10 Bedrooms
- 6 Bathrooms
- 5,784 ft2
Description
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.
- Principal and Interest
- Property Tax
- HOA fee
