Kitchener, N2H 3W1
$799,900
Listed by BENJAMINS REALTY INC..
Urban infill sites in Waterloo Region are not common and 188 Waterloo St offers an exceptional opportunity. With flexible R-5 zoning, Kitchener's latest zoning proposals (see attachments) mean it could be possible to build a 10+ unit multi-family site here on this 50 x 359 ft lot. Neighbouring 192 Waterloo has already built out a similar concept. Already on site, are a charming and updated 1.5 storey century home with 3 bedrooms (or two and a mainfloor office) and a detached garage. Excellent holding assets while plans are made to carry this property into the 21st century. Note the midtown location, with future access to the Regional Transit Hub, Uptown and Downtown Kitchener while the property backs onto the Spur Line multi-use pedestrian trail.
**INTERBOARD LISTING: CORNERSTONE - WATERLOO REGION ASSOCIATON OF REATLORS**
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.