FOR SALE
$2,800,000
8233 Sideroad 30, Wellington North, ON, N0G 1A0
About the Property
Previously approved site plan for a 35-unit rental/condominium development, zoned RMU-20 (Residential Mixed Use)-a compelling opportunity tailored for small to mid-sized developers targeting a proven, high-demand rental corridor.Positioned just steps from the University of Waterloo and Wilfrid Laurier University, the property is ideally suited for student housing as well as potential senior/retirement-oriented rental concepts. The location offers consistent, year-round rental demand driven by a strong academic and local community base. Walking distance to both campuses, combined with a direct bus stop at the doorstep, ensures exceptional accessibility and enduring tenant appeal.Offered at land value with existing building permits in place (subject to amendment for updated plans), this is a rare, near shovel-ready development opportunity-allowing investors to accelerate timelines and unlock value with minimal upfront entitlement risk.
Property Details
MLS#:
X13007430
Status:
For Sale
Property Type:
Vacant Land
Central A/C:
No
Bedrooms:
About the Property
Previously approved site plan for a 35-unit rental/condominium development, zoned RMU-20 (Residential Mixed Use)-a compelling opportunity tailored for small to mid-sized developers targeting a proven, high-demand rental corridor.Positioned just steps from the University of Waterloo and Wilfrid Laurier University, the property is ideally suited for student housing as well as potential senior/retirement-oriented rental concepts. The location offers consistent, year-round rental demand driven by a strong academic and local community base. Walking distance to both campuses, combined with a direct bus stop at the doorstep, ensures exceptional accessibility and enduring tenant appeal.Offered at land value with existing building permits in place (subject to amendment for updated plans), this is a rare, near shovel-ready development opportunity-allowing investors to accelerate timelines and unlock value with minimal upfront entitlement risk.
Property Details
MLS#:
X13007430
Status:
For Sale
Property Type:
Vacant Land
Central A/C:
No
Bedrooms:
Heating Fuel:
Bathrooms:
Heating Type:
Parking:
Cross Street:
University
Basement:
Maintenance:
Heating Fuel:
Bathrooms:
Heating Type:
Parking:
Cross Street:
University
Basement:
Maintenance:
Exterior:
Possession Date:
Presented By:
RE/MAX HALLMARK YORK GROUP REALTY LTD.
Exterior:
Possession Date:
Presented By:
RE/MAX HALLMARK YORK GROUP REALTY LTD.