181 Park Street, Waterloo, Ontario (MLS 40661960)

Future Waterloo Development

181 Park Street, Waterloo, ON

  • CA$1,795,000
  • 0 BEDS
  • 0 BATHS
  • 2,673.65 sq.ft. Home
  • CA$1,795,000

Key Facts

  • MLS® #: 40661960
  • Secondary MLS® #: X10404291
  • Property ID: SIRC2134717
  • Property Type: Commercial, Other (Commercial)
  • Living Space: 2,673.65 sq.ft.

Property Description

This mixed-use building is 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 its fully leased upper floor residential unit and two 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 mix-use building offers the best of both worlds. For those interested in expansion or further development, the property can be purchased together with 189, 185, 177, 173 Park St & 35 John St. These properties provide ample space for potential redevelopment projects. The 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 mixed-use property with redevelopment potential in one of Waterloo's most desirable neighbourhoods.

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Location

181 Park Street, Waterloo, Ontario, N2L 1Y7 Canada

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Sotheby’s International Realty Canada
Unit #1 - 11 Mechanic St.
Paris, Ontario, N3L 1K1

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