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. (id:47423)
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Detailed Information
Bedrooms
3
Bathrooms
2
Lot
40 x 122 ft
Amenities Nearby
Hospital
Listing Contract Date
2024-10-28
Location Description
John st w and Park st
Ownership Type
Freehold
# of Parking Spaces
7
Property Type
Single Family
Transaction Type
For sale
Zoning Description
U2-20
Building
Basement Development
Unfinished
Basement Type
Partial (Unfinished)
Construction Style (Attachment)
Detached
Cooling Type
Wall unit
Exterior Finish
Brick, Wood
Foundation Type
Concrete
# of Half Bathrooms
1
Heating Type
Radiant heat
Stories Total
2
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Dining room
Second level
2.84 m x 3.28 m
Bedroom
Second level
2.29 m x 3.07 m
Bedroom
Second level
3.4 m x 3.05 m
Primary Bedroom
Second level
3.17 m x 3.2 m
Bathroom
Second level
1.52 m x 2.82 m
Kitchen
Second level
3.02 m x 2.92 m
Other
Main level
7.14 m x 4.01 m
Other
Main level
2.97 m x 3.45 m
Other
Main level
2.92 m x 1.96 m
Bathroom
Main level
2.26 m x 1.5 m
Land
Total Size
40 x 122 FT | under 1/2 acre
Amenities
Hospital
Sewer
Sanitary sewer
Size of Irregular Land
40 x 122 FT
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