We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
316 KING STREET N, WATERLOO
2026-07-25
Quick Summary
- Location
- 316 KING STREET N, WATERLOO, Ontario N2J2W6
- Price
- $14,880,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 28438 sqft
MLS®#X13604606
Property Description
A rare opportunity to acquire a prominent King Street address in the heart of Waterloo, anchored by an existing 10-storey residential building with a proven rental history. Strategically located within walking distance to the University of Waterloo, Wilfrid Laurier University, and Conestoga College Waterloo Campus, this property sits in one of the region's most desirable rental corridors, surrounded by constant demand from students, professionals, and urban residents. Built in 2009, the existing building has remained fully rented since completion, offering investors immediate in-place income, stability, and long-term holding value in a high-growth market. The additional upside makes this opportunity truly exceptional. The same lot benefits from approved zoning for a 14-storey condominium development, allowing for a total project of 123 condominium apartments with a mix of one, two, and three-bedroom units. This gives the purchaser the rare ability to secure strong existing cash flow today while unlocking significant future development potential. For builders, developers, and strategic investors, the groundwork has already been advanced. A full team of architects, planners, and builders is available and ready to assist with execution, if required. This is more than a development site. It is an income-producing asset with a clear path to growth in one of Waterloo's strongest urban locations. (id:32467)
Property Features
Building
- Cooling Type: Fully air conditioned
- Fireplace: No
- Interior Size: 28438 sqft
- Building Type: Multi-Family
- Utility Water: Municipal water
Features
- Feature: Elevator
Land
- Land Size: Bldg=230.79 x 125 FT ; 65.85 Ft X 122.16 Ft X 231.04 Ft X 142.1
Zoning
- Description: Residential Mixed-Use
Information entered by RE/MAX REALTY SPECIALISTS INC.
Listing information last updated on: 2026-07-24 22:34:35
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Slavica Zekic Salesperson
- Phone:
- (519) 722-5055
- Email:
- slavica@kwforsale.com
- Support Area:
- Kitchener, Ontario, Waterloo, ontario, Guelph, on, Cambridge, on, Elora, on, New Hamburg, on, Kitchener East, Kitchener West, Waterloo East, Waterloo West, Woolwich and wellesley township, Wilmot townhship, Hespeler, Galt west, Galt east, Galt north, guelph
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Full ProfileRobert E. Lyon SALESPERSON
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- 519-938-7109
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- robert@onepercentrealty.com
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I am a well experienced, honest, professional FULL-TIME Realtor® who services ORANGEVILLE & SUR ...
Full ProfileNorman Savaille Salesperson
- Phone:
- 4168794968
- Email:
- norm4000@gmail.com
- Support Area:
- Kitchener, Cambridge, Waterloo, Guelph, Brampton, Mississauga
Over a dozen years licensed as a Sales Representative in Ontario. I have worked with as different ty ...
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