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Home ON Kitchener - Cambridge - Waterloo Waterloo Central
177 PARK STREET
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177 PARK STREET $1,895,000
$1,895,000
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177 PARK STREET
Waterloo, Ontario N2L1Y7

MLS® Number: X9419107

Listing 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. (36982041)

Location Description

John St W and Park St

Property Summary

Property Type
Retail
Building Type
Residential Commercial Mix
Land Size
66 x 132 FT
Annual Property Taxes
$13,086.97
Total Parking Spaces
12
Time on REALTOR.ca
25 days

Building

Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Parking
Total Parking Spaces
12

Measurements

Square Footage
2772 sqft

Land

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