Batavia Pl

6 Bedroom House has been listed for sale at 336 Batavia Pl in Waterloo for $1,399,000. Chat with a local expert, book a tour.

Waterloo

336 Batavia Pl

336 Batavia Pl, For Sale in Waterloo - eXp Realty

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.

This prime development site is located between Columbia Street, Alberta Street, Lester Street and University Avenue, making it the ideal location for student housing in Waterloo. It is within walking distance to both the University of Waterloo (UW) and Wilfrid Laurier University (WLU). This property with 4+2 ( legal permit) bedrooms, owned tankless water heater, 2023 heat pump. It is currently rented to students with great revenue, providing an excellent opportunity for developers or investors to continue renting the property while awaiting the right time for development.With (H)RN-6 zoning, this is undoubtedly a perfect lot that perceptive developers are looking for.

336 Batavia Pl, Waterloo, ON

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