$ 1,295,000
189 Park ST Waterloo, ON N2L 1Y7
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$ 1,295,000
Est. payment | /mo
1,800 SqFt
$ 1,295,000
Est. payment | /mo
1,800 SqFt
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $719
MLS Listing ID X9419132
Annual Tax Amount $6,811
Tax Year 2023
Property 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.
Location
Province ON
County Waterloo
Interior
Cooling Partial
Exterior
Garage Spaces 7.0
Utilities Available Yes
Others
Security Features No
Listed by SOTHEBY`S INTERNATIONAL REALTY CANADA