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:4069)
Address
336 BATAVIA PLACE
List Price
$1,399,000
Property Type
Single Family
Type of Dwelling
House
Area
Ontario
Sub-Area
Waterloo
Bedrooms
6
Bathrooms
3
Floor Area
15,002,000 Sq. Ft.
Lot Size
50 x 130 FT Sq. Ft.
MLS® Number
X12085282
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Basement Area
N/A (Finished)
Postal Code
N2L3W2
Zoning
(H)RN-6
