$1,295,000
( $719.44Per Sq Foot )
 $6,952 est/mo Sourced by Back At You

189 Park Street , Waterloo, ON N2L 1Y7

Waterloo, ON N2L 1Y7

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Description

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.

Details

MLS#X9419132
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site86
Listing Provided BySOTHEBY`S INTERNATIONAL REALTY CANADA | Not Provided

Features

SQ Feet1,800
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 1 hour ago
StateON
CountyWaterloo
CityWaterloo
Zip CodeN2L 1Y7
Listing VS Median (in N2L 1Y7)
Price:
$1,295,000
low | high
Med:
$1,295,000
50% of Average
SqFt:
1,800
low | high
Med:
1,800
50% of Average
$ / SqFt:
$719
low | high
Med:
$719
50% of Average
On Site:
86
low | high
Med:
73.000000
100% of Average
Sourced by Back At You
Listing Updated: January 4, 2025 at 12:53:30 AM PST