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Waterloo,ON N2L 1B1
Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 5,754 sqft
Price per Sqft $572
MLS Listing ID 40661952
Abv Grd Liv Area 5,754
Originating Board Oakville
Annual Tax Amount $15,808
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
Area 4 - Waterloo West
Zoning U2-20
Direction John St W and Park St
Rooms
Basement Full
Kitchen 0
Interior
Fireplace No
Exterior
Waterfront No
Lot Frontage 66.0
Lot Depth 122.0
Garage No
Building
Lot Description Business Centre,City Lot,High Traffic Area,Hospital
Faces John St W and Park St
Story 3
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 224200095
Ownership Freehold/None