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$13,500,000
Est. payment /mo
2.58 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40809241
Annual Tax Amount $150
Lot Size 2.575 Acres
Acres 2.575
Property Sub-Type Commercial
Source Cornerstone
Property Description
551 King Street N, Waterloo is a high-rise development site currently going through the pre consultation and planning process consisting of two - 30 story towers connected by a 6 storey podium, totalling 871 dwelling units and 1239 bedrooms. Official Plan Amendment and Zoning Bylaw Amendment applications have been submitted to the City of Waterloo. The property is in the Conestoga station area of planning, with a major LRT & GRT transit stations across the street, including Conestoga Mall and HWY 85. The mall consist of 680,000 SF of retail space. 400 Conestogo Road is a 12,000 SF industrial building leased until May 31st, 2028. The total site consists of 3.99 Acres. A full dataroom is available following execution of the listing brokerage's CA.
Location
Province ON
County Waterloo
Area 4 - Waterloo West
Zoning C4A-81
Direction King St N & Conestogo Road W
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available At Lot Line-Gas, At Lot Line-Hydro
Lot Frontage 343.42
Lot Depth 442.16
Garage No
Building
Lot Description Urban, High Traffic Area, Highway Access, Public Transit, Visual Exposure
Faces King St N & Conestogo Road W
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community false
Tax ID 222800359
Ownership Freehold/None
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Listed by WHITNEY & COMPANY REALTY LIMITED
NEARBY SCHOOL & BUSINESS
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