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189 Park Street Waterloo, Ontario N2L 1Y7

3 Bedroom 2 Bathroom
Wall Unit Radiant Heat

$1,295,000

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:58671)

Property Details

MLS® Number X10404486
Property Type Single Family
AmenitiesNearBy Hospital
ParkingSpaceTotal 7

Building

BathroomTotal 2
BedroomsAboveGround 3
BedroomsTotal 3
BasementDevelopment Unfinished
BasementType Partial (unfinished)
ConstructionStyleAttachment Detached
CoolingType Wall Unit
ExteriorFinish Brick, Wood
FoundationType Concrete
HalfBathTotal 1
HeatingType Radiant Heat
StoriesTotal 2
Type House
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Hospital
Sewer Sanitary Sewer
SizeDepth 122 Ft
SizeFrontage 40 Ft
SizeIrregular 40 X 122 Ft
SizeTotalText 40 X 122 Ft|under 1/2 Acre
ZoningDescription U2-20

Rooms

Level Type Dimensions
Second Level Dining Room 2.84 m x 3.28 m
Second Level Bedroom 2.29 m x 3.07 m
Second Level Bedroom 3.4 m x 3.05 m
Second Level Primary Bedroom 3.17 m x 3.2 m
Second Level Bathroom 1.52 m x 2.82 m
Second Level Kitchen 3.02 m x 2.92 m
Main Level Other 7.14 m x 4.01 m
Main Level Other 2.97 m x 3.45 m
Main Level Other 2.92 m x 1.96 m
Main Level Bathroom 2.26 m x 1.5 m

https://www.realtor.ca/real-estate/27591470/189-park-street-waterloo

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