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310 King Street N, Waterloo, ON, N2J 2Z2

MLS® # 40702945
House For Sale In Columbia, Waterloo, Ontario
$2,100,000 QuickQuoteTM: Not Available

5 Beds

1 Bath

310 King Street N, Waterloo, ON - Outdoor
310 King Street N, Waterloo, ON - Outdoor
310 King Street N, Waterloo, ON - Outdoor With Exterior
310 King Street N, Waterloo, ON - Outdoor With Exterior
310 King Street N, Waterloo, ON - Other
310 King Street N, Waterloo, ON - Outdoor
310 King Street N, Waterloo, ON - Outdoor
310 King Street N, Waterloo, ON -
310 King Street N, Waterloo, ON - Other
310 King Street N, Waterloo, ON - With View
310 King Street N, Waterloo, ON - Outdoor
310 King Street N, Waterloo, ON - Outdoor
310 King Street N, Waterloo, ON - Outdoor With Exterior
310 King Street N, Waterloo, ON - Outdoor With Exterior
310 King Street N, Waterloo, ON - Other
310 King Street N, Waterloo, ON - Outdoor
310 King Street N, Waterloo, ON - Outdoor
310 King Street N, Waterloo, ON -
310 King Street N, Waterloo, ON - Other
310 King Street N, Waterloo, ON - With View
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Home Insurance - TD Insurance

Get a home insurance quote online for this $2,100,000 property in Waterloo

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310 King Street N, Waterloo, ON, N2J 2Z2
$2,100,000

5 Beds

1 Bath

Property Information:

Attention Investors - High Redevelopment Opportunity! $90,000 Gross Annual Income! Investor's dream in prime RMU-81 zoning, offering the highest density in the city with a range of permitted uses. This student rental-licensed, purpose-built property features three spacious units-two 4-bedroom units and one 5-bedroom unit, generating immediate positive cash flow and offering future redevelopment potential. Located on King Street frontage in a high-demand rental area, just steps to Wilfrid Laurier University (650m, less than 1 minute) and the University of Waterloo (2 km, 4 minutes) Walking distance to transit, shops, and amenities.High redevelopment potential with Official Plan designation for intensification and higher density, reducing planning risk for future development. RMU-81 zoning permits a variety of uses, including multi-unit residential building, mixed-use building with residential above, long-term care and assisted living facilities, café, child care centre, drug store, food store, medical clinic, office, personal service shop, restaurant, take-out restaurant, variety store, commercial recreation, commercial wellness, and spiritual use (per RMU zoning regulations). Currently, most units are student-occupied. Showings available for common areas only. Please check the attached RMU-81 by-law for permitted uses. For the possibility of rezoning or redevelopment, buyers must conduct their own due diligence. Floor Plan of all 3 Units A, B & C Attached.

Inclusions: Refrigerator,Stove,Washer,Window Coverings

Building Features:

  • Floor Space: 2570 Square Feet

Property Features:

  • Bedrooms: 5
  • Bathrooms: 1+0
  • Acres Range: < 0.5
  • Architectural Style: Two Story
  • Basement: Separate Entrance, Full, Finished
  • Construction Materials: Aluminum Siding, Brick Veneer
  • Cooling: Central Air
  • Driveway Parking: Front Yard Parking, Outside/Surface/Open
  • Floor Space (approx): 2570 Square Feet
  • Heating: Natural Gas
  • Interior Features: Accessory Apartment
  • Laundry Features: In Building
  • Lot Depth: 122.2 Feet
  • Lot Features: Urban, High Traffic Area, Public Transit, Schools
  • Lot Frontage: 66.02 Feet
  • Road Frontage Type: Public Road
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Window Features: Window Coverings
  • Zoning: RMU-81
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 6

Rooms:

  • Den Main Level 3.45 X 2.36
  • Kitchen Main Level 3.86 X 3.76
  • Living Main Level 3.38 X 2.77
  • Den Main Level 2.54 X 2.46
  • Bedroom 2nd Level 2.69 X 4.39
  • Bedroom Main Level 3.58 X 2.34
  • Bedroom 2nd Level 2.54 X 3.28
  • Bedroom 2nd Level 2.69 X 3.43
  • Bathroom 2nd Level
  • Bedroom 2nd Level 2.59 X 3.94
  • Den 3rd Level 4.32 X 2.31
  • Living 3rd Level 4.55 X 3.51
  • Laundry Basement Level 7.09 X 3.51
  • Utility Basement Level 7.14 X 3.86

Courtesy of: SPECTRUM REALTY SERVICES INC BROKERAGE

Data provided by: Mississauga Real Estate Board 3450 Ridgeway Dr. #1, Mississauga, Ontario L5L 0A2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 310 King Street N, Waterloo, ON, N2J 2Z2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

51/100

Moderate

ClimateCheck®

Current data

This property, 310 King Street N, experiences 7 hot days per year at around 30.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.2 degrees Celsius.

Projected Avg. Temperature

Past
30.6℃
2050
34.2℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 310 King Street N, experiences 11 significant 2-day storms per year, with about 319.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 396.3mm of precipitation per year.

Precipitation Per Storm

Past
319.6mm
2050
396.3mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 310 King Street N, Waterloo, ON, N2J 2Z2

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$73,708.19

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.52 %

High school certificate or equivalent

35.16 %

Apprenticeship trade certificate/diploma

2.55 %

College/non-university certificate

12.79 %

University certificate (below bachelor)

1.34 %

University Degree

38.65 %

Commuter

Travel To Work

By Car

68.76 %

By Public Transit

15.74 %

By Walking

10.32 %

By Bicycle

1.09 %

By Other Methods

4.09 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

91.51 %

Houses

8.49 %

Own Vs. Rent

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