310 KING STREET N

For Sale - $2,100,000.00

ID#: 27885002

Attention Investor- High Redevelopment Opportunity!$90,000+ Gross Annual Income! Investor’s dream in prime MR-25 zoning, the highest density in the city. This student rental-licensed, purpose-built property features three spacious units – two 4-bedroom units and one 5-bedroon unit, offering immediate positive cash flow and future redevelopment potential. Located on King Street frontage in a high-demand rental area, just steps to Wilfrid Laurier University (650m, less than 1 minute) and the University of Waterloo (2 km, 4 minutes). Walking distance to transit, shops, and amenities. High redevelopment potential with Official Plan designation for intensification and higher density, reducing planning risk for future development. Ideal for investors looking for strong cash flow now and long-term growth potential. Currently Student occupy most unit. Showing possible to common area only, For the possibility of rezoning or redevelopment, please do your due diligence. (id:42870)