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For saleMLS® X13495520

309-311 HAWTHORN Street, Waterloo, ON N2L 3N5

$3,499,999

$1,376 / sq ft

4 months on market

Total area
2,544 sf
Lot
111 × 145 ft
Age
51-99 years

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About this property

Great turn-key development project in the Waterloo University district! Assembly of 2 single detached houses: 309 & 311 Hawthorn St. Development of a six (6) storey multi-unit apartment building containing fifty-five (55) residential dwelling units, eighty (80) bedrooms, twenty-two (22) parking spaces, and thirty-eight (38) bicycle parking spaces. Site plan drawings have been approved. The site plan agreement is currently under review by the Director. We shall receive the site plan agreement soon. Situated just a short walk from King Street and Wilfrid Laurier University campus, this location is only minutes away from the University of Waterloo. It also enjoys close proximity to various Grand River transit stops and routes, offering convenient access to Uptown Waterloo and major commercial nodes. Package includes all drawings and reports for city permit.

Property details

Property

Property type
investment
Interior size
2,544 sq ft
Year built
51-99
Lot size
111 × 145 ft
Zoning
RN-6
Possession
Immediate

Interior

Heating
Gas Forced Air Closed
Cooling
No

Costs

List price
$3,499,999
Property taxes
$14,337 / year (2026)
Price per sq ft
$1,376

Listing

MLS® number
X13495520
Status
For sale
Listed
June 26, 2026
Days on market
131
Last updated
June 26, 2026
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 75% of comparable multi-unit / investment listings in Waterloo are asking less.

$524KMedian $2.20M$10.06M
This home
$1,376 / sq ft
Comparable median
$416 / sq ft

Based on 8 comparable active multi-unit / investment listings in Waterloo. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $700,000
$700,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$15,481.67
Property tax (est.)
$1,194.74
Estimated monthly
$16,676

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$73,975
Total due on closing
$73,975

An estimate on the asking price of $3,499,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of HOMELIFE LANDMARK REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$3,499,999

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