173 Park Street , Waterloo, ON N2L 1Y7
Waterloo, ON N2L 1Y7
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# | X10404289 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 70 |
| Listing Provided By | Sotheby's International Realty Canada, Brokerage | Not Provided |
Features
| SQ Feet | 1,767 |
|---|
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Learn More About This Property
| State | ON |
|---|---|
| County | Waterloo |
| City | Waterloo |
| Zip Code | N2L 1Y7 |
| Listing VS Median (in N2L 1Y7) | |
Price: $2,185,000 low | high Med: $1,295,000 SqFt: 1,767 low | high Med: 1,800 $ / SqFt: $1,237 low | high Med: $719 On Site: 70 low | high Med: 71.000000 | |
