For Sale: 310 King Street N, Waterloo, ON - REW
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$1,800,000
0 bd • ba • sf • Land/Lot
310 King Street N
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$1,800,000
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310 King Street NWaterloo, ON, N2J 2Z2

  • 0 Bed
  • Bath
  • Sqft
  • Land/Lot

About this home

Rare opportunity to acquire a strategic development site just steps from Wilfrid Laurier University and within walking distance of nearly 20,000 full-time post-secondary students. Positioned along the highly sought-after King Street corridor, this property offers investors and developers the chance to secure a prime parcel in one of Waterloo Region's most dynamic growth areas. Conceptual plans prepared for the site illustrate a proposed 7-storey residential building featuring 42 apartment units and 54 bedrooms with a mix of 1-bedroom, 1-bedroom-plus-den, and 2-bedroom suites. Proposed gross floor area of approximately 2,550 m² with 13 parking spaces and green space. At-grade parking eliminates the significant costs and complexities commonly associated with underground parking construction. The concept contemplates a modern urban mid-rise development designed to capitalize on the site's exceptional location and strong rental demand fundamentals. Unlike many development opportunities requiring lengthy land assembly negotiations, this offering presents a streamlined path forward with a single ownership group and a clear vision for the property's future. No complicated multi-owner assembly process. No fragmented land holdings. Just one site with significant redevelopment potential. The location is second to none. Residents can enjoy a short walk to Uptown Waterloo's restaurants, cafes, shopping, entertainment, major employers, and amenities. Public transit, including the ION LRT corridor, is easily accessible, further enhancing the site's appeal. Adding to the opportunity, the existing property is improved with a triplex, allowing purchasers to generate holding income while advancing planning and development objectives. This property offers both current cash flow and future redevelopment potential. Prime location. Existing income. Development upside. Opportunities of this scale and simplicity are increasingly difficult to find in Waterloo's core.
Listed by: Mike Milovick, Royal LePage Wolle Realty

Home facts and features

Price details
List Price
$1,800,000
Get Pre-Approved
Gross Taxes for 2026
$8,379
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
66 ft x 122 ft (8066 ft²)
Depth
122.2
Frontage
66.0
Agent details
Primary Agent
Primary Broker
Royal LePage Wolle Realty
Secondary Agent
Secondary Broker
Royal LePage Wolle Realty
Listing details
Days on REW
46 Days
MLS® Number
40860013
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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25 Years
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3.99%

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Property Insights

Waterloo Collegiate Institute
  • Public
  • 9 - 12
St David Catholic Secondary School
  • Catholic
  • 9 - 12
MacGregor Public School
  • Public
  • 6 - 8
Winston Churchill Public School
  • Public
  • JK - 6
ÉÉC Mère-Élisabeth-Bruyère
  • Catholic
  • JK - 6
Lincoln Heights Public School
  • Public
  • JK - 8
É Élém L'Harmonie
  • Public
  • JK - 8
Elizabeth Ziegler Public School
  • Public
  • JK - 6
St Agnes Catholic Elementary School
  • Catholic
  • JK - 8
Bluevale Collegiate Institute
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Mike Milovick
Phone:
(519) 745-7000
Office:
519-578-7300
Jennifer Shingler
Phone:
(519) 745-7000
Office:
519-747-2040
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