10-14-2023, 10:25 PM
(04-15-2023, 11:08 AM)LesPio Wrote: 624 KING ST W - Property for Sale - King & Wellington - Looks like previous projects for this site will not be going forward...maybe something better
$8,000,000
624 KING ST W
Waterloo, Ontario N3G0E3
MLS® Number: X6027823
Description
Attention Builders & Investors! ( Joint Venture Only With Registered Tarion Builder Would Be Considered). Rare Opportunity To Invest In A Site-Plan Approved & Permit-Ready Dev. In The Heart Of Downtown Kitchener W/Total Of 34 Units Across 2 Buildings-1 Three-Storey Building W/15 Units & 1 Four-Storey Building W/19 Units. Located 500 Ft From Google & U Of W School Of Pharmacy, W/Lrt At Your Doorstep. Zoning Allows For Both Condos & Rental Apt. Buildings, Providing Ample Options. The Property Sits On A Vacant Lot Measuring Approximately 0.31 Acres & Has Already Received Site Plan Approval From City Of Kitchener. The Units Range From 587 Sq Ft To 1316 Sq Ft, With Private Terraces For Each Unit. The Four-Storey Building Is Designed With An Elevator, And There Are 23 Underground Parking Spaces In A Single Level Underground Parking Garage For Both Buildings. All Services Are Inside The Property Line, Including Hydro, Sewer, Gas, And More. The Property Is Within Walking Distance Of Shops,**** EXTRAS **** Restaurants, & Provides Quick Access To Go Station & Highways. Upon Accepted Offer, Seller Will Provide Site Plan And Site Stats, Building Permit, Zoning By-Law Approval, Draft Plan Approval, Geotach Report, Appraisal Report, And Survey. (31499441)
https://www.realtor.ca/real-estate/25471...w-waterloo
Not to disappoint anyone who was hoping for a flatiron like building on the site but another developer has bought this property and appears to be going ahead with the previously approved plan. There is a shoring rig on site as well as a excavator and a bunch of survey stakes that I don't remember seeing before. There are no new permit applications so any work they're doing is purely from the previous issued permit (4 and 3 floor building).