Under Zoned (H)RN-6, this house permits the addition of four new units, each with six rooms, behind the current structure making this a rare and valuable opportunity for perceptive developers seeking high-density potential in a thriving area. Situated at the intersection of Columbia Street, Alberta Street, Lester Street, and University Avenue, this house offers unbeatable proximity to both the University of Waterloo (UW) and Wilfrid Laurier University (WLU) making it an ideal location for student housing. The existing property features 4+2 (permitted) bedrooms, an owned tankless water heater, and a newly installed heat pump (2023). Currently tenanted by students and generating strong rental income, this is a prime opportunity for investors or developers to enjoy consistent revenue while preparing for future development. (id:52316)
HOMELIFE LANDMARK REALTY INC.
$1,399,000
336 BATAVIA PLACE, Waterloo, Ontario
6 Bedrooms
3 Bathrooms
Property
MLS® Number: X12085282
Address: 336 BATAVIA PLACE
City: Waterloo
Exterior: Brick, Aluminum siding
Utilities
Central Air: Yes
Heating: Forced Air, Natural Gas
Parking
Parking Spaces: 4
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Property Sale History
Travel and Neighbourhood
79/100Walk Score®
Very Walkable
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Location
