Attention Developers, Builders and Investors! This property is being offered together with 118 Lancaster W. The two properties together add up to approximately half an acre of land with a depth of 285 feet which can provide you with an EXCELLENT DEVELOPMENT OPPORTUNITY. The R7 ZONING designation opens up numerous options, including the construction of townhouses, stacked townhouses and apartment building. EXCELLENT LOCATION near the GO/VIA Station, the LRT, Future Transit Hub and Expressway. Centrally located within a short distance to both Downtown Kitchener & Uptown Waterloo, close to parks, restaurants, schools, public transit, Universities, etc. This Legal Triplex offers two spacious units with two bedrooms in each which can provide good revenue until you're ready to redevelop. TAKE ADVANTAGE OF THIS OPPORTUNITY AND COME SEE IT TODAY!!
Property Type:
Residential Income
Property SubType:
Multi-3 Unit
Year built:
1927
(Age: 98)
Listing General Location:
114 - Uptown Waterloo/North Ward, 1 - Waterloo East
Bedrooms:
6
Bathrooms:
3.0
(Full:-/Half:-)
Lot Details:
285 x 50
Lot Depth:
285'86.9 m
Lot Frontage:
50'15.2 m
Kitchens:
0
County Or Parish:
Waterloo
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
Construction:
Brick, Vinyl Siding, Wood Siding
Basement:
Full, Finished
Foundation:
Stone
Roof:
Asphalt Shing
Number of Storeys:
2
Number of Buildings:
0
Total Floor Area:
2,552 sq. ft.237 m2
Finished Area Above Grade:
1,824 sq. ft.169 m2
Finished Area Below Grade:
728 sq. ft.67.6 m2
Fireplace:
false
Laundry Features:
Shared
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Forced Air, Natural Gas
Other,3 Fridges, 3 Stoves
Refrigerator, Stove
Tenant's Belongings
Other
false
No
Victoria to Lancaster
No
HST Applicable To Sale Price:
Included
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
Electric Expense:
$507.96
Insurance Expense:
$4,318.92
Expenses:
Actual
Heating Expense:
$6,387.35
Net Income:
$29,611.9
Zoning:
R7
Lot Site Features:
Irregular Lot, Airport, City Lot, Highway Access, Library, Open Spaces, Park, Public Transit, Schools, Shopping Nearby
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No