70 Short Street Waterloo, Ontario N2L 1Y1
$2,345,678
Don't miss this opportunity to acquire ±0.26 acres in Uptown Waterloo. The increasing demand for multi=residential development in Waterloo Region and its highly-desirable location makes this an ideal development site. This property is ± ft deep and has ±66 feet of frontage on Short Street. The single-family home that's currently on the property backs onto a public parking lot (owned by the City of Waterloo) on Caroline Street South. Its RMU-20 (Residential Mixed-Use) zoning is optimal for multi-residential buildings and mixed-use buildings with dwelling units above the first story. This prime location is steps away from the Willis Way LRT stations and a short walk to all that the Uptown area has to offer, including restaurants, retail stores, and the Public Square. There are many design options that could work for this site. As a starting point, two different development concepts have already been created for this property GSP Group: Option One: a six-story apartment featuring 36 residential suites, 27 parking spaces, and a gross floor area of ±31,096 SF (±2,889 m2). Density: 182 Beds/AC (450 Beds/Ha). Option Two: a five-story stacked townhouse with 12 residential suites, 20 underground parking spaces, and a gross floor area of ±24,164 SF (±24, 164 m2). Density: 145 Beds/Ac (360 Beds/Ha) Value is in the land. (id:3334)
Property Details
| MLS® Number | 40433972 |
| Property Type | Single Family |
| Amenities Near By | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | Community Centre |
| Features | Cul-de-sac |
Building
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Constructed Date | 1867 |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Other |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2250 |
| Type | House |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 171 Ft |
| Size Frontage | 66 Ft |
| Size Irregular | 0.26 |
| Size Total | 0.26 Ac|under 1/2 Acre |
| Size Total Text | 0.26 Ac|under 1/2 Acre |
| Zoning Description | Rmu-20 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|
https://www.realtor.ca/real-estate/25685965/70-short-street-waterloo
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July 17 2023 06:59:15
Kitchener-Waterloo Association of REALTORS®
Royal LePage Wolle Realty
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