$1,895,000
177 Park ST Waterloo, ON N2L 1Y7
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$1,895,000
Est. payment /mo
2,772 SqFt
UPDATED:
10/21/2024 03:34 PM
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 2,772 sqft
Price per Sqft $683
MLS Listing ID X9419107
Annual Tax Amount $13,086
Tax Year 2023
Property Description
This mixed-use building is 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 its fully leased 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 building offers the best of both worlds. This property provides ample space for potential redevelopment projects. The new official plan designation 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 property with redevelopment potential in one of Waterloo's most desirable neighbourhoods. Take advantage of the strong holding income and explore the possibilities that the official plan has to offer.
Location
Province ON
County Waterloo
Interior
Cooling No
Exterior
Garage Spaces 12.0
Utilities Available Yes
Parking Type None
Others
Security Features No
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Listed by SOTHEBY`S INTERNATIONAL REALTY CANADA
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