189 Park Street Waterloo, Ontario N2L 1Y7
MLS# 40661940 - Buy this house, and I'll buy Yours*

$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:51158)

Property Details

MLS® Number	40661940
Property Type	Office
Amenities Near By	Hospital
Community Features	High Traffic Area
Parking Space Total	7

About 189 Park Street, Waterloo, Ontario

This For sale Property is located at 189 Park Street Office, in the City of Waterloo. Nearby amenities include - Hospital Office bedroom(s), bath(s) . 189 Park Street heating . This house features a Fireplace.

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This Waterloo's exterior is finished with Brick Veneer, Vinyl siding, Wood

The Current price for the property located at 189 Park Street, Waterloo is $1,295,000 and was listed on MLS on :2024-10-18 16:27:12

Building

Basement Type	Partial
Construction Material	Wood Frame
Exterior Finish	Brick Veneer, Vinyl Siding, Wood
Stories Total	2
Size Exterior	1800.0000
Size Interior	1800 Sqft
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

https://www.realtor.ca/real-estate/27555409/189-park-street-waterloo