ATTENTION INVESTORS & DEVELOPERS – ALMOST ½ ACRE (0.482 ac) NEAR UPTOWN WATERLOO... THE PRESENT... An exceptionally finished office with 3,094 sq feet of total space on the main floor, lower level, basement and attic. Plenty of storage in the finished basement with a beautiful 4 bedroom residence upstairs. Oversee your business directly from home. With parking for approx. 25+ cars, there is ample parking for your Customers and Employees. Even a park-like side yard area perfect for Company BBQ Events outside. Current C4-20 Zoning outlines potential for redevelopment to a six-storey apartment building. THE FUTURE... The City of Waterloo has indicated that the site will have the zoning re-designated ‘Medium Rise Residential’ through the OP Review process. The Seller is told this process is underway awaiting consultation with GRCA re: Uptown Waterloo’s Special Policy Area which crosses the back of the property. Further, this property is included in The City of Waterloo’s new and upcoming “Community Planning Permit System” A proposed smoother permit process. (id:47421)
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Detailed Information
Lot
106 x 193 ft
Amenities Nearby
Hospital, Public Transit, Schools
Community Features
High Traffic Area
Features
Southern exposure
Listing Contract Date
2024-08-09
Location Description
From Uptown Waterloo go East on Erb St (one way) to just past Tweed St.
Ownership Type
Freehold
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
C4-20
Building
Basement Type
None
Utility Water
Municipal water
Utilities
Type
Description
Cable
Available
Electricity
Available
Natural Gas
Available
Telephone
Available
Land
Total Size
under 1/2 acre
Access Type
Highway access
Amenities
Hospital, Public Transit, Schools
Sewer
Municipal sewage system
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