266 Hazel Street

Property facts

Price

$1,296,000

Type

Detached

Bedrooms

3

Bathrooms

1

MLS®

X13585086

Status

active

Brokerage

RE/MAX REAL ESTATE CENTRE INC.

About this home

A rare three-property land assembly in one of the closest residential pockets to Wilfrid Laurier University. Steps to campus and situated on a direct GRT bus route to the University of Waterloo, this is one of the most convenient student-housing locations in the city. The assembly is currently configured for 22 rooms across the three properties, arranged as 6 separate self-contained units, each with its own bathroom, kitchen and common area - a proven, income-generating layout with exceptional walkability to both campuses, transit, shopping and amenities. With future development potential on a very manageable scale - a sensible, achievable build rather than an outsized or overly ambitious project, with possible expansion to neighbouring properties - this is an outstanding holding for investors and developers seeking scale, steady student-rental income, and long-term appreciation in Waterloo's University District. 262,264, 266 Hazel must be purchased together.

Location