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Home ON Kitchener - Cambridge - Waterloo Waterloo Central
185 PARK STREET
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185 PARK STREET $999,000
$999,000
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185 PARK STREET
Waterloo, Ontario N2L1Y7

MLS® Number: X9229843

Listing Description

Welcome to this impressive triplex home located in a highly sought-after neighborhood in Uptown Waterloo, just across the street from Sun Life Financial. 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 a property with income-generating potential, this triplex offers the best of both worlds. This property is zoned U2-20, allowing for development of up to 6 storeys. This zoning designation opens up a world of possibilities for the future, whether it be constructing additional residential units, mixed-use spaces, or other commercial ventures. Uptown Waterloo is a vibrant and thriving neighborhood, 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 triplex property with redevelopment potential in one of Waterloo's most desirable neighborhoods. Take advantage of the strong holding income and explore the possibilities that the U2-20 zoning offers. It's time to make your mark on Uptown Waterloo's real estate landscape. (36456790)

Location Description

John st w and Park st

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Land Size
44 x 122 FT
Annual Property Taxes
$63,000
Total Parking Spaces
8
Time on REALTOR.ca
62 days

Building

Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Radiant heat
Utilities
Water
Municipal water
Parking
Total Parking Spaces
8

Measurements

Square Footage
2800 sqft

Land

Lot Features
Frontage
44 ft
Land Depth
122 ft
Other Property Information
Zoning Description
U2-20
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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