329 Spruce Street, Waterloo, ON N2L 3M6

$5,980,000
14
BD
6
BA
2,000
SqFt

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List Price
$5,980,000
MLS#
X13229126
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
Other
Bedrooms
14
Bathrooms
6
Living Area
2000-2500
Province
ON
Municipality
Waterloo
Area
Waterloo
Subdivision
King/Columbia

Property Description

Plan Approved! Ready For Building Permit! 329 and 331 Spruce, 2 Assembled Lots To Be PurchasedTogether! Approved Plan For A 9-Storey Student Residence Featuring 88 Bedrooms! ExceptionalOpportunity For Builders, Developers And Investor In Prime Location Just Steps From Campus!Currently Income Generating And Professionally Managed! Turnkey Operation For Investors LookingTo Hold And Benefit! Conveniently Located Within Walking distance Of University, Shopping,Public Transit, Employment Centres, Parks And More! Rare Chance To Secure A High-PotentialDevelopment Site In Sought-After Location!

Additional Information

Taxes
$12,206
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Window Unit(s)
Kitchens
3
Exterior
Brick
Garage Type
None
Pool
None
Parking Spaces
7
Parking Type
Private

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC..