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$3,295,000
Est. payment /mo
5,754 SqFt
UPDATED:
11/02/2024 05:13 PM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 5,754 sqft
Price per Sqft $572
MLS Listing ID X10404288
Annual Tax Amount $15,808
Tax Year 2023
Property Description
This striking 7-bedroom apartment is located in a highly sought-after neighborhood in Uptown Waterloo. This prime location offers convenience and accessibility, with the Allen LRT station, Grand River Hospital, and Belmont Village all within a short walk. 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. For those interested in expansion or further development, the property can be purchased together with 189,185, 181,177,173 Park St. These properties provide ample space for potential redevelopment projects. This new official plan opens up a world of possibilities for the future, 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.
Location
Province ON
County Waterloo
Rooms
Basement Full
Kitchen 0
Interior
Cooling Unknown
Fireplace No
Exterior
Pool None
Utilities Available Unknown
Waterfront No
Roof Type Unknown
Parking Type Unknown
Building
Unit Features Hospital
New Construction false
Others
Security Features Unknown
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Listed by Sotheby's International Realty Canada, Brokerage