173 Park Street Waterloo, Ontario N2L 1Y7
$2,185,000
Welcome to this remarkable triplex home situated in a highly desirable neighborhood in Uptown Waterloo, just across the street from Sun Life Financial. This prime location offers convenience and accessibility, with the Allen LRT station, Grand River Hospital, and Belmont Village all within a short walk. 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 triplex offers the best of both worlds. For those interested in expansion or further development, the property can be purchased together with 189, 185, 181,177 Park St & 35 John St. These properties provide ample space for potential redevelopment projects. This new official plan opens up a world of possibilities for the future, 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 triplex property with redevelopment potential in one of Waterloo's most desirable neighbourhoods. (id:59646)
Property Details
| MLS® Number | 40661957 |
| Property Type | Office |
| Neigbourhood | Uptown |
| Amenities Near By | Hospital |
| Community Features | High Traffic Area |
Building
| Basement Type | Full |
| Stories Total | 2 |
| Size Exterior | 1767.0000 |
| Size Interior | 1767 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Hospital |
| Sewer | Municipal Sewage System |
| Size Depth | 132 Ft |
| Size Frontage | 66 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | U2-20 |
https://www.realtor.ca/real-estate/27555407/173-park-street-waterloo
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October 18 2024 04:27:11
Oakville, Milton & District Real Estate Board
Sotheby's International Realty Canada, Brokerage
