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324 KING Street, Waterloo, Ontario, N2J 2Z2

MLS® # 40610909
Investment For Sale In Columbia, Waterloo, Ontario
$10,999,000 QuickQuoteTM: Not Available
324 King Street, Waterloo, ON - Indoor
324 King Street, Waterloo, ON - Other
324 King Street, Waterloo, ON - Other
324 King Street, Waterloo, ON - Other
324 King Street, Waterloo, ON - Other
324 King Street, Waterloo, ON - Other
324 King Street, Waterloo, ON - Other
324 King Street, Waterloo, ON - Other
324 King Street, Waterloo, ON - Other
324 King Street, Waterloo, ON  - Indoor
324 King Street, Waterloo, ON  - Other
324 King Street, Waterloo, ON  - Other
324 King Street, Waterloo, ON  - Other
324 King Street, Waterloo, ON - Other
324 King Street, Waterloo, ON - Other
324 King Street, Waterloo, ON - Other
324 King Street, Waterloo, ON - Other
324 King Street, Waterloo, ON - Other
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324 KING Street, Waterloo, Ontario, N2J 2Z2
$10,999,000

Property Information:

This Land Assembly Development Project is situated on a .908 Acre Site located at 324, 326, 328 & 330 King Street North & 329-331 Regina Street North, in the City of Waterloo. Intended Development: twenty (20) storey residential apartment building, with underground and structured parking. The proposal is to redevelop the lands with a podium/tower built form facing King Street, with access to the site from Regina Street North. Parking will be accommodated within the podium and in one level of underground parking, with the ground floor proposed to contain multiple amenity rooms (one each facing King and Regina Streets) and the lobby facing King Street. A total of 223 units (261 beds) are proposed, together with 193 vehicular parking spaces and 165 bicycle parking spaces (id:27)

Building Features:

  • Style: Multiplex
  • Basement Type: None
  • Exterior Finish: Concrete
  • Foundation Type: Poured Concrete
  • Heating Type: Other

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Highway access
  • Amenities Nearby: Public Transit, Schools, Shopping
  • Community Features: High Traffic Area, School Bus
  • Lot Depth: 264.0 Feet
  • Lot Frontage: 204.0 Feet
  • Zoning: Residential Mixed-Use (RMU-81)
  • Sewer: Municipal sewage system
  • Parking Type: Attached garage, Visitor parking
  • No. of Parking Spaces: 193

Courtesy of: HomeLife Power Realty Inc.

REALTOR.ca  

Location of 324 KING Street, Waterloo, Ontario, N2J 2Z2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

51/100

Moderate

ClimateCheck®

Current data

This property, 324 KING Street , experiences 7 hot days per year at around 30.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.2 degrees Celsius.

Projected Avg. Temperature

Past
30.6℃
2050
34.2℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 324 KING Street , experiences 11 significant 2-day storms per year, with about 319.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 396.3mm of precipitation per year.

Precipitation Per Storm

Past
319.6mm
2050
396.3mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 324 KING Street, Waterloo, Ontario, N2J 2Z2

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$73,708.19

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.52 %

High school certificate or equivalent

35.16 %

Apprenticeship trade certificate/diploma

2.55 %

College/non-university certificate

12.79 %

University certificate (below bachelor)

1.34 %

University Degree

38.65 %

Commuter

Travel To Work

By Car

68.76 %

By Public Transit

15.74 %

By Walking

10.32 %

By Bicycle

1.09 %

By Other Methods

4.09 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

91.51 %

Houses

8.49 %

Own Vs. Rent