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Valeria Zhibareva

Broker
Re/Max Realty Enterptises Inc., Brokerage, Brokerage Independently owned and operated. 1697 Lakeshore Rd W , Mississauga, Ontario L5J 1J4 Cell: 905-599-8574Office: 905-855-2200Fax: 905-855-2201

$999,000
Available - For Sale
Listing ID: X9229843
185 Park St , Waterloo, N2L 1Y7, Ontario


Welcome to this impressive triplex home located in a highly sought-after 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 a property with income-generating potential, this triplex offers the best of both worlds. This property is zoned U2-20, allowing for development of up to 6 storeys. This zoning designation opens up a world of possibilities for the future, whether it be constructing additional residential units, mixed-use spaces, or other commercial ventures. Uptown Waterloo is a vibrant and thriving neighborhood, 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 neighborhoods. Take advantage of the strong holding income and explore the possibilities that the U2-20 zoning offers. It's time to make your mark on Uptown Waterloo's real estate landscape.
Price $999,000
Taxes: $63000.00
Tax Type: Annual
Occupancy by: Tenant
Address: 185 Park St , Waterloo, N2L 1Y7, Ontario
Postal Code: N2L 1Y7
Province/State: Ontario
Lot Size: 44.00 x 122.00 (Feet)
Directions/Cross Streets: John st w and Park st
Category: Apartment
Building Percentage: Y
Total Area: 2800.00
Total Area Code:  Sq Ft
Heat Type: Radiant
Central Air Conditioning: Part
Water: Municipal
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Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SOTHEBY`S INTERNATIONAL REALTY CANADA
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Valeria Zhibareva
Broker
Dir:
905-599-8574
Bus:
905-855-2200
Fax:
905-855-2201
 
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At a Glance:
Type: Com - Investment
Area: Waterloo
Municipality: Waterloo
Neighbourhood:
Style:
Lot Size: 44.00 x 122.00(Feet)
Approximate Age:
Tax: $63,000
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
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