ON > Waterloo
Waterloo, ON N2L 1Y7,181 PARK ST
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Waterloo, ON N2L 1Y7,181 PARK ST
Waterloo, ON N2L 1Y7,181 PARK ST
Waterloo, ON N2L 1Y7,181 PARK ST
Waterloo, ON N2L 1Y7,181 PARK ST
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 1,795,000
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181 PARK ST Waterloo, ON N2L 1Y7

2,673 SqFt

UPDATED:

11/22/2024 08:41 PM

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,673 sqft

Price per Sqft $671

MLS Listing ID X10404291

Annual Tax Amount $14,344

Tax Year 2023

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.

Location

Province ON

County Waterloo

Rooms

Basement Full

Kitchen 0

Interior

Cooling Unknown

Fireplace No

Exterior

Pool None

Utilities Available Unknown

Waterfront No

Roof Type Unknown

Building

Unit Features Hospital

New Construction false

Others

Security Features Unknown

Listed by Sotheby's International Realty Canada, Brokerage
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181 PARK ST