$2,185,000 FOR SALE

Multiplex

Lot: 66 x 132 ft

173 Park Street
Waterloo, ON N2L 1Y7

Welcome to this remarkable triplex home situated in a highly desirable 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 an income-generating property, this triplex offers the best of both worlds. For those interested in expansion or further development, the property can be purchased together with 189, 185, 181,177 Park St & 35 John St. These properties provide ample space for potential redevelopment projects. This new official plan opens up a world of possibilities for the future, 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 triplex property with redevelopment potential in one of Waterloo's most desirable neighbourhoods. (id:47423)

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Listed By Sotheby's International Realty Canada, Brokerage
Data Provided By The Oakville, Milton & District Real Estate Board
MLS® Listing Number X10404289
Last Updated Jan 09, 2025
Property Summary
Property Type Multiplex

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Price History
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Detailed Information
Lot 66 x 132 ft
Amenities Nearby Hospital
Listing Contract Date 2024-10-18
Location Description John st w and Park st
Property Type Multi-family
Transaction Type For sale
Zoning Description U2-20
Building
Heating Fuel Natural gas
Heating Type Forced air
Type Multi-Family
Utility Water Municipal water
Land
Total Size 66 x 132 FT | under 1/2 acre
Amenities Hospital
Sewer Sanitary sewer
Size of Irregular Land 66 x 132 FT

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