507 King Street, New Waterford - Multi-family for Sale

Description

A rare opportunity offering exceptional space, versatility, and value. With over 3,800 sq ft of quality-built living space on an impressive 19,500sqft (0.45 acre) corner lot, this property presents endless possibilities for homeowners, investors, or entrepreneurs alike. Fully Renovated in 2009, the main residence spans approximately two-thirds of the building and is thoughtfully designed for comfortable, one-level living with wide hallways, generous entryways, and a seamless layout make this home both functional and inviting. The spacious kitchen is a standout feature, complete with quality cabinetry, ample counter space, and a large pantry, flowing naturally into the bright dining area filled with natural light. The living room offers a built-in entertainment centre and fireplace, creating a warm and welcoming atmosphere. This section includes 3 bedrooms and 2 full bathrooms, including a well-appointed primary suite featuring custom closet organization and a private ensuite with both a shower and soaker tub. In-floor heating throughout the main living area ensures year-round comfort. Additional highlights include a massive mudroom, abundant storage, an attached garage/workshop, and access to a private back patio ideal for outdoor enjoyment. The remaining portion of the building, previously operated as a clinic, offers incredible flexibility. With its own entrances, parking access, laundry, bathroom, reception area, office space, and storage rooms, this area could easily be converted into a secondary residential unit, in-law suite, rental opportunity, or continued commercial use. Separate power meters and heating systems allow for independent operation and billing. Positioned on a high-visibility corner lot with parking available at the front, side, and rear, this property is perfectly suited for a live-work setup or income-generating investment. A property of this size, quality, and versatility at this price point is truly a rare find. (id:66096)

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