701 UNIVERSITY Avenue E new Save Request In-Person Tour Request Virtual Tour
Waterloo,ON N2K3V1
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision 120 - Lexington/Lincoln Village
MLS Listing ID 40761791
Lot Size 0.382 Acres
Acres 0.382
Property Sub-Type Freehold
Source Cornerstone Association of Realtors
Property Description
Prime Development Opportunity Backing onto Kaufman Flats With R4 zoning, 167 ft. of frontage, and almost 6,000 sq. ft. of existing living space, this property offers incredible potential for redevelopment or reimagination. Backing onto Kaufman Flats with a peaceful treed backdrop, the site combines privacy with the advantage of a high-visibility location that is easily accessible to public transit, top schools, shopping, and amenities. The existing custom-built 5-bedroom, 4-bathroom home provides a functional layout for large families or multi-generational living, while also appealing to those seeking a site with long-term investment and development potential. A walkout basement with separate entrances, a double car garage, and a separate 2-car garage/workshop with an excavated workshop below add flexibility for home business use or future adaptation. Whether renovated into a spacious family residence, reimagined for multi-unit living, or explored for redevelopment under R4 zoning, this property presents a rare opportunity in one of Waterloo's most desirable and well-connected communities. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
Fence Partially fenced
Community Features High Traffic Area
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold