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185 Park Street Home For Sale Waterloo, Ontario N2L 1Y7

40661937

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2800 sqft

$1,285,000

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 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 189,181,177,173 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:34792)

Property Details

MLS® Number 40661937
Property Type Office
Amenities Near By Hospital
Community Features High Traffic Area
Parking Space Total 8

Building

Basement Type Full
Exterior Finish Vinyl Siding
Foundation Type Stone
Stories Total 2
Size Exterior 2800.0000
Size Interior 2800 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital
Sewer Municipal Sewage System
Size Depth 122 Ft
Size Frontage 44 Ft
Size Total Text Under 1/2 Acre
Zoning Description U2-20

https://www.realtor.ca/real-estate/27555410/185-park-street-waterloo

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