391 HAZEL Street (40329051)

Listing ID: 40329051  
$1,175,000

RE/MAX Real Estate Centre Inc.

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391 HAZEL Street, Waterloo, Ontario, N2L3P7
Property TypeVacant Land

Located within walking distance of both Universities. Ideal land assembly total of 5 properties, extremely efficient having back to back properties on two separate streets. RMU-20 zoning, zoning allows for up to 138 beds. Located on bus route. The assembly of 5 properties allows for Economies of Scale in Construction, sites of this size are rare. Site consists of 56 Cardill, 54 Cardill, 389 Hazel, 391 Hazel and 393 Hazel. All properties are rented and generating income until you are ready to build. It may be possible to increase density through the Community Benefits Charge with the City of Waterloo.(mandated by the Ontario Government for higher density housing) (id:51646)


Details
OwnershipFreehold TransactionFor sale
Zoning DescriptionRMU-20
Building
BasementNone
Land
Size Frontage55 ft SewerMunicipal sewage system
Size Depth121 ft

Listing Office: RE/MAX Real Estate Centre Inc.

Data Provided by Waterloo Region Association of REALTORS®

Last Modified :03/03/2023 05:39:24 PM

Listing Office: RE/MAX Real Estate Centre Inc.

Data Provided by Waterloo Region Association of REALTORS®

Last Modified :03/03/2023 05:39:24 PM

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