391 Hazel Street 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:46040)
Property Details
| MLS® Number | 40329051 |
| Property Type | Vacant Land |
Building
| Basement Type | None |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 121 Ft |
| Size Frontage | 55 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Rmu-20 |
https://www.realtor.ca/real-estate/24913067/391-hazel-street-waterloo
Dan Openshaw
Salesperson
(519) 741-0957
720 Westmount Road East, Unit B
Kitchener, Ontario N2E 2M6
(519) 741-0950
(519) 741-0957
www.remaxcentre.ca
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March 03 2023 10:39:24
Kitchener-Waterloo Association of REALTORS®
RE/MAX Real Estate Centre Inc.