249 Sunview Street

Waterloo · MLS® X12781478

115,900 sq ft · Land · Vacant Land · 255 days on market

listed by YINGGANG YANG, BAY STREET GROUP INC.

realtor's description

Attention Builders, Investors! Incredible And Very Rare Investment Opportunity In Waterloo University Campus Area! Assembly 3 Detached Homes ( 249, 251, 253 Sunview Street) ,This project combines the lands located at 249, 251, and 253 Sunview Street. The zoning approval was granted in October 2024. The proposed development is planned as a 12-storey building with approximately 116,400 square feet of gross floor area, comprising 131 residential units. Site Plan Agreement is Ready !

property details

type: Land, Vacant Land
living area: 115,900 sq ft
parking: 0
property tax: $20,000 / yr
days on market: 255
MLS®: X12781478

monthly cost

$33,036/mo

Mortgage $31,370 · Tax $1,667

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$31,370/ monthly

loan $5,760,000

25-year amortization

down payment20% · $1,440,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $3,650,913
cash to close: $1,440,000; down payment; transfer tax and fees not included
total paid: $9,410,913

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.