Incredible Opportunity To Own A 12 Unit Apartment Building In A Prime Corner Location Between The University Of Waterloo & Wilfrid Laurier University. Potential To Increase Rents On A Few Units. Existing Assumable CMHC Insured Mortgage ($1,980,966 @ 1.98% w/40 Yr Amortization) Expiring Dec 2025. Seller Might Consider VTB. Potential Stand Alone Development Site Or Could Be Part Of Larger Assembly. Highest Density Zoning (MR25). Invest Now, Build Later. (id:31697)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X8342570 |
| Property Type | Multi-family |
| Parking Space Total | 12 |
| Heating Type | Hot Water Radiator Heat |
| Size Interior | 7,619 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 116 Ft ,8 In |
| Size Frontage | 115 Ft ,10 In |
| Size Irregular | 115.85 X 116.74 Ft ; 135.46 West Side, 98.44 South |
| Size Total Text | 115.85 X 116.74 Ft ; 135.46 West Side, 98.44 South |
| Zoning Description | Nmu25 |
https://www.realtor.ca/real-estate/26900239/303-king-street-n-waterloo
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