Brokered by: RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3
MLS®: 40800344 (Freehold)
Price: $1,400,000.00
Address: 120 KING Street N, Waterloo FOR SALE Subdivision: 114 - Uptown Waterloo/North Ward Postal Code: N2J2X8 Style: Bedrooms: 0 Bathrooms: 0 Lot Size: 50 ft x 125 ft
About 120 King Street N
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. (id:56071). Get more information on 120 King Street N
Property Features
Rental Equipment: Directions: Central and Spring Streets Zoning Description: U1-60 Lot: under 1/2 acre Water: Municipal water, Municipal sewage system Heating / Cooling: / Age: Basement: None
Rooms & Sizes
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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