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189 Park Street Waterloo, Ontario N2L 1Y7

3 Bedroom 2 Bathroom 1800 sqft
2 Level 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:59646)

Property Details

MLS® Number 40669315
Property Type Single Family
Neigbourhood Uptown
Amenities Near By Hospital
Community Features High Traffic Area
Parking Space Total 7

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Total 3
Architectural Style 2 Level
Basement Development Unfinished
Basement Type Partial (unfinished)
Construction Material Wood Frame
Construction Style Attachment Detached
Cooling Type Wall Unit
Exterior Finish Brick Veneer, Vinyl Siding, Wood
Half Bath Total 1
Heating Type Radiant Heat
Stories Total 2
Size Interior 1800 Sqft
Type House
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital
Sewer Municipal Sewage System
Size Depth 122 Ft
Size Frontage 40 Ft
Size Total Text Under 1/2 Acre
Zoning Description U2-20

Rooms

Level Type Dimensions
Second Level Dining Room 9'4'' x 10'9''
Second Level Kitchen 9'11'' x 9'7''
Second Level 4pc Bathroom 5'0'' x 9'3''
Second Level Primary Bedroom 10'5'' x 10'6''
Second Level Bedroom 11'2'' x 10'0''
Second Level Bedroom 7'6'' x 10'1''
Main Level 2pc Bathroom 7'5'' x 4'11''
Main Level Other 9'7'' x 6'5''
Main Level Other 9'9'' x 11'4''
Main Level Other 23'5'' x 13'2''

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

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