309-311 HAWTHORN Street, Waterloo - Business for Sale
309-311 HAWTHORN Street, Waterloo, Ontario, N2L3N5
This business in Waterloo is for sale offering roughly 2,544 sq ft of space.
Description
Great turn-key development project in the Waterloo University district! Assembly of 2 single detached houses: 309 & 311 Hawthorn St. Development of a six (6) storey multi-unit apartment building containing fifty-five (55) residential dwelling units, eighty (80) bedrooms, twenty-two (22) parking spaces, and thirty-eight (38) bicycle parking spaces. Site plan drawings have been approved. The site plan agreement is currently under review by the Director. We shall receive the site plan agreement soon. Situated just a short walk from King Street and Wilfrid Laurier University campus, this location is only minutes away from the University of Waterloo. It also enjoys close proximity to various Grand River transit stops and routes, offering convenient access to Uptown Waterloo and major commercial nodes. Package includes all drawings and reports for city permit. (id:66096)
Property Details
- MLS®
- X13495520
- Property Type
- Business
- Zoning
- RN-6
- Interior Size
- 2,544 ft²
- Lot Size
- 111 × 145 ft (16,095 sq ft)
- Frontage
- 111 ft
- Heating
- Forced air, Natural gas
- Cooling
- None
- Property Tax
- $14,336.93/yr
- Listed
- 133 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 133 days on market, against an average age of 66 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Waterloo is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N2L)
This home lists at $3,499,999, about 50.4× the local median household income of $69,500.
Carrying it typically needs a household income of about $683,672 (20% down, 25-yr amortization, stress-tested) — roughly 884% above the area median.
- Median household income
- $69,500
- Population
- 37,953
- Median age
- 29.8
- Owner / renter
- 37% / 63%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA N2L)
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$3,499,999
Waterloo