6bed
7bathProperty type
Detached
Lot size
N/A
Style
2-Storey
Approx. Area
N/A
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.
Last updated
Apr 16
Virtual tour
None
Basement information
Finished
Building size
--
Status
In-Active
Property sub type
Detached
Maintenance fee
$N/A
Year built
--
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