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Home ON Kitchener - Cambridge - Waterloo Waterloo Central
189 PARK Street
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189 PARK Street $1,295,000
$1,295,000
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189 PARK Street
Waterloo, Ontario N2L1Y7

MLS® Number: 40669315
3
Bedrooms
2
Bathrooms
1800
Square Feet

Listing Description

Welcome to this remarkable mixed-use building 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 a large 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 mixed-use building offers the best of both worlds. For those interested in expansion or further development, the property can be purchased together with 185,181,177,173 Park St & 35 John St. These properties provide ample space for an amazing redevelopment project. The Region of Waterloo's new official plan 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 mixed-use property with redevelopment potential in one of Waterloo's most desirable neighbourhoods, only steps from the Allen LRT stop. (68260785)

Location Description

John st w and Park st

Property Summary

Property Type
Single Family
Building Type
House
Storeys
2
Square Footage
1800 sqft
Subdivision Name
415 - Uptown Waterloo/Westmount
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$6,811.22
Total Parking Spaces
7
Time on REALTOR.ca
18 days

Building

Bedrooms
Above Grade
3
Bathrooms
Total
2
Partial
1
Interior Features
Basement Type
Partial (Unfinished)
Building Features
Style
Detached
Architecture Style
2 Level
Construction Material
Wood frame
Total Units
0
Heating & Cooling
Cooling
Wall unit
Heating Type
Radiant heat
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick Veneer, Vinyl siding, Wood
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Hospital
Parking
Total Parking Spaces
7

Measurements

Square Footage
1800 sqft
Above Grade Finished
1800 sqft
Source: Other

Rooms

MetricImperial
Main level
2pc Bathroom
Other
Other
Other
Second level
Dining room
Kitchen
4pc Bathroom
Primary Bedroom
Bedroom
Bedroom

Land

Lot Features
Frontage
40 ft
Land Depth
122 ft
Other Property Information
Zoning Description
U2-20
Data provided by: The Oakville, Milton & District Real Estate Board 208 - 400 Main Street East, Milton, Ontario L9T 4X5

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