$2,345,678
Other
70 Short Street
Waterloo, 415 - Uptown Waterloo/Westmount N2L 1Y1
No obligation, free tour cancelation.
Beds · 0
Baths · 0.00
Sqft · 2550.00
Description
Don't miss this opportunity to acquire ±0.26 acres in Uptown Waterloo. The increasing demand for multi-residential development in Waterloo Region and its highly-desirable location make this an ideal development site. This property is ±171 ft deep and has ±66 feet of frontage on Short Street. The si...ngle-family home that's currently on the property backs onto a public parking lot (owned by the City of Waterloo) on Caroline Street South. Its RMU-20 (Residential Mixed-Use) zoning is optimal for multi-residential buildings and mixed-use buildings with dwelling units above the first story. This prime location is steps away from the Willis Way LRT station and a short walk to all that the Uptown area has to offer, including restaurants, retail stores, and the Public Square. There are many design options that could work for this site. As a starting point, two different development concepts have already been created for this property by GSP Group: Option One: a six-story apartment featuring 36 residential suites, 27 parking spaces, and a gross floor area of ±31,096 SF (±2,889 m2). Density: 182 Beds/AC (450 Beds/Ha). Option Two: a five-story stacked townhouse with 12 residential suites, 20 underground parking spaces, and a gross floor area of ±24,164 SF (±24, 164 m2). Density: 145 Beds/Ac (360 Beds/Ha), Directions:Short St and Alexandra Ave, Exclusions:Owners Personal Belongings, Some Stained Glass Windows And Doors.
General
Type
Other
Style
-
Year Built
1867
Square Footage
2550.00 sqft
Taxes
-
Maintenance Fee
-
Interior Features
Accessory Apartment
Pool Features
None
Lot Features
Urban, Airport, Ample Parking, Business Centre, Cul-De-Sac, Dog Park, City Lot, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Parking
Amenities & Utilities
Yes
Listing courtesy of:
Royal LePage Wolle Realty