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70 Short Street Waterloo, Ontario N2L 1Y1

Central Air Conditioning Forced Air

$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 make this an ideal development site. This property is ±171 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 station 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 by 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) (id:40508)

Property Details

MLS® Number 40430045
Property Type Other
Amenities Near By Airport, Hospital, Park, Place Of Worship, Playground
Features Cul-de-sac
Sign Type None

Building

Basement Development Unfinished
Basement Type Partial (unfinished)
Constructed Date 1867
Construction Material Wood Frame
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Wood
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Exterior 2550.0000
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Airport, Hospital, Park, Place Of Worship, Playground
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

https://www.realtor.ca/real-estate/25656044/70-short-street-waterloo

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