336 Batavia PL new

Waterloo,ON N2L 3W2

$ 1399000

6 Beds

3 Baths

- SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X12085282

Style 2-Storey

Bedrooms 6

Annual Tax Amount $6,057

Tax Year 2024

Property Sub-Type Detached

Property Description

Under Zoned (H)RN-6, this house permits the addition of four new units, each with six rooms, behind the current structure making this a rare and valuable opportunity for perceptive developers seeking high-density potential in a thriving area. Situated at the intersection of Columbia Street, Alberta Street, Lester Street, and University Avenue, this house offers unbeatable proximity to both the University of Waterloo (UW) and Wilfrid Laurier University (WLU) making it an ideal location for student housing. The existing property features 4+2 (permitted) bedrooms, an owned tankless water heater, and a newly installed heat pump (2023). Currently tenanted by students and generating strong rental income, this is a prime opportunity for investors or developers to enjoy consistent revenue while preparing for future development.

Location

State ON

County Waterloo

Area Waterloo

Rooms

Family Room No

Basement Finished

Kitchen 1

Interior

Interior Features Water Heater Owned

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 50.0

Lot Depth 130.0

Total Parking Spaces 4

Building

Foundation Poured Concrete

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