61 Mt Hope St
Mt Hope St, KW Hospital, Kitchener, ON, N2G 2J5
Quick Summary
Quick Summary
- Prime investment in Kitchener-Waterloo's Midtown.
- Potential to build up to 8 stories, SGA2 zoning.
- Adjacent to Grand River Hospital, excellent location.
- Includes 3 income-producing properties.
- Opportunity to lease 4th unit for added income.
- Local I-2 zoning encourages residential development.
- Walking distance to Belmont Village and Uptown Waterloo.
- Close to LRT, businesses, shops, and restaurants.
Attention all investors! PROPOSED SGA2 ZONING. BUILD UP TO 8 STORIES. This exceptional investment opportunity awaits in the heart of Kitchener-Waterloo's vibrant Midtown area. Situated directly behind the renowned Grand River Hospital, these 3 income-producing properties (485 PARK ST, 491 PARK ST, 61 MT HOPE) are bundled together,... Show More
Attention all investors! PROPOSED SGA2 ZONING. BUILD UP TO 8 STORIES. This exceptional investment opportunity awaits in the heart of Kitchener-Waterloo's vibrant Midtown area. Situated directly behind the renowned Grand River Hospital, these 3 income-producing properties (485 PARK ST, 491 PARK ST, 61 MT HOPE) are bundled together, providing a prime investment package that can't be missed. Whether you wish to hold, enhance, or explore future redevelopment options, this offering is brimming with potential. Currently occupied by tenants, these 3 properties boast a steady stream of rental income. Additionally, the opportunity to lease the 4th unit, presently utilized for storage, further adds to the revenue-generating potential. Notably, the local zoning (I-2) & planning regulations encourage increased density & the construction of residential units, positioning this property as a lucrative prospect for development. Enviably located within close proximity to Belmont Village, & a host of other thriving areas, including the vibrant Uptown Waterloo are all within walking distance, providing unparalleled urban convenience. Its exceptional location positions you just a stone's throw away from the convenient LRT, ensuring seamless & effortless commuting. Furthermore, a plethora of thriving businesses, such as Sun Life, vibrant shopping destinations, charming boutiques, & delectable restaurants, awaits you within easy reach, creating a vibrant & dynamic atmosphere for both work & leisure. Don't miss out on this remarkable investment opportunity, as it offers the perfect combination of an exceptional location, income potential, & future possibilities. Secure your stake in the heart of Kitchener-Waterloo's flourishing landscape today! (id:54626)
Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
Rooms
Bedroom
10′ x 10′
Bedroom
10′ x 10′
Bedroom
10′ x 12′
3pc Bathroom
Bathroom
Family room
10′ x 12′
Kitchen
12′ x 12′
Ownership Details
Ownership
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For Sale Nearby
Sold Nearby
- 2,000 - 2,500 Sq. Ft.
- 4
- 3
- 3
- 2
- 1,500 - 2,000 Sq. Ft.
- 3
- 2
- 1,100 - 1,500 Sq. Ft.
- 4
- 3
- 2,000 - 2,500 Sq. Ft.
- 4
- 2
- 1,100 - 1,500 Sq. Ft.
- 2
- 2
- 1,100 - 1,500 Sq. Ft.
- 4
- 2
- 700 - 1,100 Sq. Ft.
- 3
- 1
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