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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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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