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$1,400,000
Available - For Sale
Listing ID: X12773954
Exceptional Development Opportunity in the heart of Uptown Waterloo! Prime location at the coveted intersection of King Street and Central Street, ideally situated between University Avenue and Bridgeport Road. This 50 ft x 125 ft lot offers outstanding potential for redevelopment with zoning that allows construction up to 18 storeys (U1-60 - Uptown Core). Concept plans (available in attachments) propose an 11-unit building with a total of 41 bedrooms and 3 commercial units on the main level - or bring your own design to take full advantage of this unique zoning. The property is within walking distance to both the University of Waterloo and Wilfrid Laurier University, surrounded by a vibrant mix of retail, dining, and amenities. This is one of the most desirable sites in Waterloo Region, offering excellent exposure, strong growth potential, and ideal suitability for a new commercial or mixed-use development. The existing structure is being sold "as is, where is" and must be demolished by the Buyer. The City of Waterloo has expressed support for new business and redevelopment initiatives in this area. Don't miss this rare opportunity to secure a premium Uptown Core property with exceptional potential for future growth.
Price $1,400,000
Taxes: $4,247
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Vacant
Address: 120 King Street North , Waterloo, N2J 2X8, Waterloo
Postal Code: N2J 2X8
Province/State: Waterloo
Directions/Cross Streets: King
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Retail
Building Percentage: T
Total Area: 100
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: None
Central Air Conditioning: No
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RE/MAX REAL ESTATE CENTRE INC.

120 King Street North , Waterloo, N2J 2X8, Waterloo

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Investment
Area: Waterloo
Municipality: Waterloo
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 125.44(Feet)
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Tax: $4,247
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908