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70 Short Street Waterloo, Ontario N2L 1Y1

2250
Central Air Conditioning Forced Air

$1,895,000

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:43503)

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 Dimensions

https://www.realtor.ca/real-estate/25685965/70-short-street-waterloo

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