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70 SHORT Street, Waterloo, Ontario, N2L1Y1

70 SHORT Street, Waterloo, Ontario, N2L1Y1 (ID 40433972)
Representative
Crystal  Clarke portrait
Crystal Clarke
Sales Representative
Davenport Realty Brokerage
Cell: 519-505-7846
Tel: 226-777-5833

$2,345,678 - For sale

ID#:40433972

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:2471)

Location DescriptionShort St and Alexandra Ave

Property Details
  • Property Address:70 SHORT Street, Waterloo, Ontario, N2L1Y1
  • Property Type:Single Family
  • Title:Freehold
  • Lot Size:0.26 ac|under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
Structure Details for 70 SHORT Street, Waterloo, Ontario, N2L1Y1
  • Structure Style:House
  • Building Age:1867
  • Floor Space:2250
  • Heating Type:Natural gas, Forced air
  • Style:Detached
  • Storeys:1.5
  • Basement Type:Partial (Unfinished)
  • Foundation Type:Stone
  • Cooling Type:Central air conditioning
  • Exterior Type:Other
Amenities for 70 SHORT Street, Waterloo, Ontario, N2L1Y1 Cul-de-sac, Community Centre
  • Amenities Nearby:Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Rooms
Type Level Dimensions
OtherMain level'0'' x '0''
Representative
Crystal  Clarke portrait
Crystal Clarke
Sales Representative
Davenport Realty Brokerage
Cell: 519-505-7846
Tel: 226-777-5833
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Listing Office: Royal LePage Wolle Realty

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70 SHORT Street, Waterloo, Ontario, N2L1Y1

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