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$1,295,000
Available - For Sale
Listing ID: X10404486
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.
Price $1,295,000
Taxes: $6,811.22
Assessment: $800
Assessment Year: 2024
Address: 189 PARK St , Waterloo, N2L 1Y7, Ontario
Lot Size: 40 x 122 (Feet)
Acreage: < .50
Directions/Cross Streets: John st w and Park st
Rooms: 10
Rooms +: 0
Bedrooms: 3
Bedrooms +: 0
Washrooms: 2
Kitchens: 1
Kitchens +: 0
Basement: Part Bsmt
Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Other 23.42 13.15
Room 2: Main Other 9.74 11.32
Room 3: Main Other 9.58 6.43
Room 4: Main Bathroom 7.41 4.92
Room 5: 2nd Br 7.51 10.07
Room 6: 2nd Br 11.15 10.00
Room 7: 2nd Prim Bdrm 10.40 10.50 W/I Closet
Room 8: 2nd Bathroom 4.99 9.25
Room 9: 2nd Kitchen 9.91 9.58
Room 10: 2nd Dining 9.32 10.76
No. of Pieces Level
Washroom 1:  2 Main
Washroom 2:  4 2nd
Property Type: Detached
Style: 2-Storey
Exterior: Brick
Wood
Garage Type: Outside/Surface
Drive Parking Spaces: 7
Pool: None
Property Features: Hospital
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: Wall Unit
Elevator Lift: N
Sewers: Sewers
Water: Municipal
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Sotheby's International Realty Canada, Brokerage

189 PARK St , Waterloo, N2L 1Y7, Ontario


 
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At a Glance:
Type: Freehold - Detached
Area: Waterloo
Municipality: Waterloo
Neighbourhood:
Style: 2-Storey
Lot Size: 40.00 x 122.00(Feet)
Approximate Age:
Tax: $6,811.22
Maintenance Fee: $0
Beds: 3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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