$ 1,795,000
181 Park ST Waterloo, ON N2L 1Y7
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$ 1,795,000
Est. payment | /mo
2,673 SqFt
$ 1,795,000
Est. payment | /mo
2,673 SqFt
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 2,673 sqft
Price per Sqft $671
MLS Listing ID X9419122
Annual Tax Amount $14,344
Tax Year 2023
Property 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 two 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 mix-use building offers the best of both worlds. This property provides ample space for potential redevelopment projects. The 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 mixed-use property with redevelopment potential in one of Waterloo's most desirable neighbourhoods.
Location
Province ON
County Waterloo
Interior
Cooling Partial
Exterior
Garage Spaces 14.0
Utilities Available Yes
Parking Type None
Others
Security Features No
Listed by SOTHEBY`S INTERNATIONAL REALTY CANADA
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "