551 King Street N, Waterloo, ON N2L 5Z7
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551 King Street N, Waterloo, ON N2L 5Z7
551 King Street N, Waterloo, ON N2L 5Z7
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Caroline Marshall

Caroline Marshall

+1(705) 388-1792
$ 13,500,000
Est. payment /mo
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551 King Street N Waterloo, ON N2L 5Z7

2.58 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 40809241

Annual Tax Amount $150

Lot Size 2.575 Acres

Acres 2.575

Property Sub-Type Commercial

Source Cornerstone

Property Description

551 King Street N, Waterloo is a high-rise development site currently going through the pre consultation and planning process consisting of two - 30 story towers connected by a 6 storey podium, totalling 871 dwelling units and 1239 bedrooms. Official Plan Amendment and Zoning Bylaw Amendment applications have been submitted to the City of Waterloo. The property is in the Conestoga station area of planning, with a major LRT & GRT transit stations across the street, including Conestoga Mall and HWY 85. The mall consist of 680,000 SF of retail space. 400 Conestogo Road is a 12,000 SF industrial building leased until May 31st, 2028. The total site consists of 3.99 Acres. A full dataroom is available following execution of the listing brokerage's CA.

Location

Province ON

County Waterloo

Area 4 - Waterloo West

Zoning C4A-81

Direction King St N & Conestogo Road W

Rooms

Kitchen 0

Interior

Fireplace No

Exterior

Utilities Available At Lot Line-Gas, At Lot Line-Hydro

Lot Frontage 343.42

Lot Depth 442.16

Garage No

Building

Lot Description Urban, High Traffic Area, Highway Access, Public Transit, Visual Exposure

Faces King St N & Conestogo Road W

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community false

Tax ID 222800359

Ownership Freehold/None

Listed by WHITNEY & COMPANY REALTY LIMITED

NEARBY SCHOOLS & PROPERTIES

Caroline Marshall

Caroline Marshall

+1(705) 388-1792

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551 King Street N