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Multi-Family

346 King St N

346 King St N, Waterloo, ON N2J 2Z2

Listing Price: $3,500,000

Lot Size
0.30 acres
Price/Acre
$11,666,667
Land Type
Redevelopment

Investment Overview

Marcus & Millichap is pleased to present for sale 346 King Street North, a prime development opportunity in Waterloo, ON. The property is Site Plan Approved for a 5-storey, 14-unit student housing facility, featuring 65 bedrooms.

The location is also surrounded by major educational institutions. Wilfrid Laurier University is just 850 m south along King Street North, about a 10-minute walk. The University of Waterloo, known for its leading engineering, computer science, and co-op programs, is approximately 1.7 km west, about a 25-minute walk or a short bus ride. Conestoga College’s Waterloo campus, at 475 King Street North, offers additional post-secondary education options.

The area is well-served by public transit. The Grand River Transit (GRT) bus routes provide convenient connections across Waterloo and Kitchener. The ION Light Rail Transit (LRT) has two nearby stations: Waterloo Public Square Station (150 m south) for northbound travel and Willis Way Station (400 m south) for southbound routes, offering quick access to downtown Kitchener, Conestoga Mall, and beyond. For regional travel, Kitchener GO Station, located about 5 km south, offers GO Transit and VIA Rail services, providing connections to Toronto and other major destinations.

Investment Highlights

  • Site Plan Approved for a student housing facility
  • Approximately 0.295 acres of prime development land with construction already underway
  • Approved for a 5-storey, 14-unit, 65-bedroom facility with a Gross Buildable Area of 20,139 ft²
  • Less than 2 km from several major post-secondary institutions
  • Well-connected to extensive public transit options, ensuring seamless travel for residents

Exclusively Listed By

Multi-Family

346 King St N

Listing Price: $3,500,000

Lot Size
0.30 acres
Price/Acre
$11,666,667
Land Type
Redevelopment

Investment Highlights

  • Site Plan Approved for a student housing facility
  • Approximately 0.295 acres of prime development land with construction already underway
  • Approved for a 5-storey, 14-unit, 65-bedroom facility with a Gross Buildable Area of 20,139 ft²
  • Less than 2 km from several major post-secondary institutions
  • Well-connected to extensive public transit options, ensuring seamless travel for residents

Investment Overview

Marcus & Millichap is pleased to present for sale 346 King Street North, a prime development opportunity in Waterloo, ON. The property is Site Plan Approved for a 5-storey, 14-unit student housing facility, featuring 65 bedrooms. The location is also surrounded by major educational institutions. Wilfrid Laurier University is just 850 m south along King Street North, about a 10-minute walk. The University of Waterloo, known for its leading engineering, computer science, and co-op programs, is approximately 1.7 km west, about a 25-minute walk or a short bus ride. Conestoga College’s Waterloo campus, at 475 King Street North, offers additional post-secondary education options. The area is well-served by public transit. The Grand River Transit (GRT) bus routes provide convenient connections across Waterloo and Kitchener. The ION Light Rail Transit (LRT) has two nearby stations: Waterloo Public Square Station (150 m south) for northbound travel and Willis Way Station (400 m south) for southbound routes, offering quick access to downtown Kitchener, Conestoga Mall, and beyond. For regional travel, Kitchener GO Station, located about 5 km south, offers GO Transit and VIA Rail services, providing connections to Toronto and other major destinations.

Exclusively Listed By

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