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391 Hazel St Waterloo, Ontario N2L 3P7

$1,175,000

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:27910)

Property Details

MLS® Number X5783052
Property Type Multi-family

Building

Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Irregular Bldg=55 X 121 Ft
Size Total Text Bldg=55 X 121 Ft