$ 1,895,000
177 Park Street Waterloo, ON N2L 1Y7
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Listed by Kevin Lyle Haight • Sotheby's International Realty Canada, Brokerage
$ 1,895,000
Est. payment /mo
Active
177 Park Street Waterloo, ON N2L 1Y7
2,772 SqFt
UPDATED:
10/18/2024 04:01 PM
Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 2,772 sqft
Price per Sqft $683
MLS Listing ID 40661959
Abv Grd Liv Area 2,772
Originating Board Oakville
Annual Tax Amount $13,086
Property Description
This mixed-use building is located in a highly desirable neighborhood 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. For those interested in expansion or further development, the property can be purchased together with 189, 185,181,173 Park St & 35 John St. These properties provide 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.
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 132.0
Garage No
Building
Lot Description Business Centre, City Lot, High Traffic Area, Hospital
Faces John st w and Park st
Story 2
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 224200093
Ownership Freehold/None
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