185 PARK STREET, Waterloo, Ontario

$1,285,000

4 Beds
3 Baths

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:23309)

Listing ID: X10404485
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Kitchen	Second level	3.17 m x 3.15 m
Living room	Second level	5.11 m x 4.62 m
Bedroom	Second level	3.17 m x 3.81 m
Bedroom	Third level	5.31 m x 3.78 m
Other	Basement	1.32 m x 2.13 m

Details

Amenities Nearby: Hospital
Ownership: Freehold
Parking Spaces: 8
Transaction: For sale
Zoning Description: U2-20

Building

Appliances: Water meter
BasementType: Full (Unfinished)
Basement Development: Unfinished
Bedrooms Main Level: 4
Construction Style Attachment: Detached
Cooling: Wall unit
Exterior Finish: Vinyl siding
Fireplace Present: False
Foundation: Stone
Bathrooms (Total): 3
Heating: Radiant heat
Stories Total: 3
Type: House
Utility Water: Municipal water

Land

Amenities: Hospital
Sewer: Sanitary sewer
Size Frontage: 44 ft
Size Irregular: 44 x 122 FT

Listing provided by Sotheby's International Realty Canada, Brokerage
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 185 PARK STREET in Waterloo Ontario. It was last modified on October 29th, 2024. Contact the Bonnie & Ken Rossiter Team to schedule a viewing or to discover other Waterloo properties for sale.

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