189 Park Street Waterloo, Ontario N2L 1Y7
$1,295,000
Welcome to this remarkable mixed-use building located in a highly desirable neighbourhood in Uptown Waterloo, just across the street from Sun Life Financial. This property offers an exceptional investment opportunity with a large upper floor residential unit and ground floor commercial unit. The property's desirable location presents an excellent investment opportunity for redevelopment with the added benefit of a strong holding income. Whether you're an investor looking to capitalize on the potential for future development or seeking an income-generating property, this mixed-use building offers the best of both worlds. This property provides ample space for an amazing redevelopment project. The Region of Waterloo's new official plan opens up a world of possibilities, whether it be constructing additional residential units, mixed-use spaces, or new high-rise developments. Uptown Waterloo is a vibrant and thriving neighbourhood, known for its lively atmosphere, trendy shops, and diverse dining options. The area attracts professionals, students, and families alike, making it an ideal location for investment and development opportunities. Don't miss out on this exceptional chance to invest in a large mixed-use property with redevelopment potential in one of Waterloo's most desirable neighbourhoods, only steps from the Allen LRT stop. (id:52603)
Property Details
| MLS® Number | X9419132 |
| Property Type | Retail |
| Parking Space Total | 7 |
Building
| Cooling Type | Partially Air Conditioned |
| Heating Type | Radiant Heat |
| Size Interior | 1800 Sqft |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 122 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | 40 X 122 Ft |
| Size Total Text | 40 X 122 Ft |
| Zoning Description | U2-20 |
https://www.realtor.ca/real-estate/27563115/189-park-street-waterloo
11 Mechanic St Unit 1a
Paris, Ontario N3L 1K1
(519) 442-2525
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 21 2024 05:00:01
Toronto Real Estate Board
Sotheby's International Realty Canada