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Urban infill sites in Waterloo Region are not common and 188 Waterloo St offers an exceptional opportunity. With flexible R-5 zoning, Kitchener's latest zoning proposals (see attachments) mean it could be possible to build a 10+ unit multi-family site here on this 50 x 359 ft lot. Neighbouring 192 Waterloo has already built out a similar concept. Already on site, are a charming and updated 1.5 storey century home with 3 bedrooms (or two and a mainfloor office) and a detached garage. Excellent holding assets while plans are made to carry this property into the 21st century. Note the midtown location, with future access to the Regional Transit Hub, Uptown and Downtown Kitchener while the property backs onto the Spur Line multi-use pedestrian trail.
**INTERBOARD LISTING: CORNERSTONE - WATERLOO REGION ASSOCIATON OF REATLORS**
City: Kitchener
Purchase Price | $949900 |
Down Payment | $189980 |
Mortgage Insurance | $0 |
Total Mortgage | $759920 |
Mortgage Payment | $4683 |
Property Taxes | $333 |
Maintenance Fees | $0 |
Monthly Payment | $5016 |
Sold Comparables homes near Waterloo St, Kitchener
Located at 188 Waterloo St , this Kitchener house is available for sale. This property was listed for $799,900 on Tue Nov 19 2024. This house's size is 50.32 x 359.17 Feet. It has 3 bedrooms and 1 bathroom. The property includes the following rooms: Kitchen, Dining, Living, Br, 2nd Br, Prim Bdrm. This property comes with 5 parking spots.
MLS#: X9369267 · $799,900 · 3 bedroom house in Kitchener