$1,895,000 FOR SALE

Commercial/Retail

Lot: 66 x 132 ft

177 Park Street
Waterloo, ON N2L 1Y7

This mixed-use building is located in a highly desirable neighborhood 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. For those interested in expansion or further development, the property can be purchased together with 189, 185,181,173 Park St & 35 John St. These properties provide 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. (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 X10404290
Last Updated Jan 09, 2025
Property Summary
Property Type Commercial/Retail

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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 Retail
Transaction Type For sale
Zoning Description U2-20
Building
Heating Fuel Natural gas
Heating Type Forced air
Type Residential Commercial Mix
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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