$999,000
Available - For Sale
Listing ID: X9229858
189 Park St , Waterloo, N2L 1Y7, Ontario
| Welcome to this remarkable mixed-use building located in a highly desirable neighborhood in Uptown Waterloo, just across the street from Sun Life Financial. This property offers an exceptional investment opportunity with its fully leased upper floor residential unit and ground floor commercial unit. The building's prime location provides easy access to key amenities and attractions, including the Allen LRT station, GRH, and Belmont Village, all within a short walk. This convenient proximity adds to the property's appeal and potential for long-term success. In addition to the strong holding income, the property presents an excellent opportunity for redevelopment. The desirable location and zoning designation make it an attractive investment for future development projects. The U2-20 zoning designation allows for development of up to 6 storeys, providing flexibility and potential for various uses. Whether you envision expanding the existing mixed-use building, constructing additional residential units, or exploring commercial possibilities, this zoning opens up numerous options for future development. Uptown Waterloo is a vibrant and sought-after neighborhood, known for its bustling atmosphere, trendy shops, and diverse dining options. The area attracts a wide range of residents and visitors, creating a thriving market for both residential and commercial properties. Don't miss out on this exceptional opportunity to invest in a fully leased mixed-use building with redevelopment potential in one of Uptown Waterloo's most desirable locations. It's time to make your mark on Uptown Waterloo's real estate landscape. |
| Price | $999,000 |
| Taxes: | $7500.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 189 Park St , Waterloo, N2L 1Y7, Ontario |
| Postal Code: | N2L 1Y7 |
| Province/State: | Ontario |
| Lot Size: | 40.00 x 122.00 (Feet) |
| Directions/Cross Streets: | John st w and Park st |
| Category: | Store With Apt/Office |
| Building Percentage: | Y |
| Total Area: | 1800.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 900 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 900 |
| Retail Area Code: | Sq Ft |
| Sprinklers: | N |
| Heat Type: | Radiant |
| Central Air Conditioning: | Part |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| SOTHEBY`S INTERNATIONAL REALTY CANADA |
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Gary Singh
Broker
Dir:
416-333-6935
Bus:
905-475-4750
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Store W/Apt/Office |
| Area: | Waterloo |
| Municipality: | Waterloo |
| Lot Size: | 40.00 x 122.00(Feet) |
| Tax: | $7,500 |
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