89A William Street, Waterloo, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Waterloo. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $450,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 29.14 x 131.33 ft lot size
Description
Premium Investment Opportunity - Presenting a rare and highly sought-after investment opportunity in the heart of Waterloo's most coveted location William St W. This permit-ready, subdivided two-lot package offers an unparalleled foundation for immediate development. Key Features include ; Approved for Construction: City-approved plans for 4 units, including two - 2-story, 3-bedroom, 2.5-bath homes with spacious main and second floors along with Fully approved 2 - bedroom, 1-bathroom auxiliary dwelling unit, providing additional rental income potential. Demolition Complete: The property is already cleared, leaving you with a blank slate to implement your vision and start construction right away. Prime Location: Situated on the desirable and highly accessible William Street, this property offers unbeatable value in a growing, high-demand area.This is an exceptional opportunity for investors to capitalize on a turn-key project with all the initial work done for you. Don't miss your chance to develop on one of the few available lots with this level of approval and potential. All thats left is for you to make your mark! ! To be sold as a package with 89B William St W , price per lot. Taxes to be assessed by the city still as taxes listed reflect combined taxes. Town approved building permit plans available.
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Pricing & Value Insights
Data-driven valuation for 89A William Street W, Waterloo, ON N2L 1J6
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About Purchasing a Home in Waterloo, ON
For a property listed at $450,000 in Waterloo, the legal minimum down payment is $22,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,475 for this transaction. As this listing is in Waterloo (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.