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189 Park St

Park StUptown WestWaterlooON, N2L 1Y7

3
Beds
2
Baths
1,800
Sq. Ft.
$1,295,000
List Price
189 Park St, Waterloo, ON - 1 of 3
189 Park St, Waterloo, ON - 2 of 3
189 Park St, Waterloo, ON - 3 of 3
New
24 days on market

Quick Summary

  • Exceptional investment opportunity with mixed-use
  • Desirable location for future redevelopment
  • Strong holding income from current tenants
  • Ample space for amazing redevelopment project
  • Vibrant and thriving Uptown Waterloo neighborhood
  • Proximity to Allen LRT stop for convenient transit

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... Show More

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:54626)

Property Details

Size

1,800 sq. ft.
10 total rooms across 2 floors
3 Beds
3 Above Grade
2 Baths
1 Full - 1 Partial

Parking

7 Parking Spaces
-

Lot

Size
480′0″ * 1463′12″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Unfinished
Exterior
Brick Veneer, Vinyl siding, Wood
Foundation
-
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Radiant heat
Cooling
Wall unit

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Rooms

Dining room

10′9″ x 9′4″

Kitchen

9′7″ x 9′11″

4pc Bathroom

9′3″ x 5′0″

Primary Bedroom

10′6″ x 10′5″

Bedroom

10′0″ x 11′2″

Bedroom

10′1″ x 7′6″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40669315
Last Updated
October 29, 2024
Brokerage
Sotheby's International Realty Canada, Brokerage
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Call us 800-591-0566

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