$2,185,000
( $1236.56Per Sq Foot )
 $11,730 est/mo Sourced by Back At You

173 Park Street , Waterloo, ON N2L 1Y7

Waterloo, ON N2L 1Y7

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Description

Welcome to this remarkable triplex home situated in a highly desirable 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, 185, 181,177 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.

Details

MLS#40661957
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site18
Listing Provided BySotheby's International Realty Canada, Brokerage | Kevin Lyle Haight

Features

SQ Feet1,767
BasementY
Story(s)2
ZoningU2-20
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 11 hours ago
ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2L 1Y7
Area4 Waterloo West
Subarea415 Uptown Waterloo | Westmount
Community Name415 Uptown Waterloo/Westmount
Listing VS Median (in 415 Uptown Waterloo/Westmount)
Price:
$2,185,000
low | high
Med:
$619,000
100% of Average
SqFt:
1,767
low | high
Med:
1,292
76.881720430108% of Average
$ / SqFt:
$1,237
low | high
Med:
$479
100% of Average
On Site:
18
low | high
Med:
27.000000
66.666666666667% of Average
Sourced by Back At You
Listing Updated: October 18, 2024 at 12:09:45 PM PDT