Selling

336 Batavia Place, Waterloo, ON N2L 3W2

$1,399,000

  • Jun 16, 2025
  • Waterloo, Ontario

Description
Under Zoned (H)RN-6, this house permits the addition of four new units, each with six rooms, behind the current structure making this a rare and valuable opportunity for perceptive developers seeking high-density potential in a thriving area. Situated at the intersection of Columbia Street, Alberta Street, Lester Street, and University Avenue, this house offers unbeatable proximity to both the University of Waterloo (UW) and Wilfrid Laurier University (WLU) making it an ideal location for student housing. The existing property features 4+2 (permitted) bedrooms, an owned tankless water heater, and a newly installed heat pump (2023). Currently tenanted by students and generating strong rental income, this is a prime opportunity for investors or developers to enjoy consistent revenue while preparing for future development.
Overview
MLS ID: X12085282
Type: Detached
Bedrooms: 6
Bathrooms: 3
Square: 1,750 m²
Price: $1,399,000
PropertyType: Residential Freehold
TransactionType: For Sale
BuildingAreaUnits: Square Feet
Cooling: Central Air
Heating: Forced Air
ParkingFeatures: Attached
YearBuilt: Unknown
TaxAnnualAmount: 6057
PossessionDetails: Negotiable
Map
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