177 PARK Street, Waterloo | Image 1

177 PARK Street

Waterloo

  • Commercial

$1,895,000
For Sale

Added 1 month ago

Sign in or Register • To view all data & photos, an account is required by the Toronto Real Estate Board.

  • Type: Sale Of Business

  • Property Type: Commercial

  • Zoning: U2-20

  • Age: No Data

  • Taxes: 13086.97

  • MLS®#: X10404290

  • Days on Site: 30 Days

  • Added: Oct 17, 2024 (1 month ago)

  • Updated:

  • Last Checked: 9 hours ago

  • Listed By: Sotheby's International Realty Canada, Brokerage

This mixed-use building is located in a highly desirable neighborhood 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 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 building offers the best of both worlds. For those interested in expansion or further development, the property can be purchased together with 189, 185,181,173 Park St & 35 John St. These properties provide ample space for potential redevelopment projects. The new official plan designation 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 a large property with redevelopment potential in one of Waterloo's most desirable neighbourhoods.

Property

  • Status: Sale

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Net Income: 71940

  • Area: Waterloo

  • Availability Date: Flexible

  • Assessment Amount: $534,000

  • Assessment Year: 2024

Building

  • Basement: Y

  • Water Supply: Municipal

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 3 PL 408 CITY OF WATERLOO; WATERLOO

  • Taxes: $13,087

  • Expenses: Act

  • Insurance Fee: 2438

  • Operating Fees: 8033

  • Heat Expenses: 2604

Land

  • Cross Street: John st w and Park s

  • Municipality District: Waterloo

  • Parcel Number: 224200093

  • Sewer: Sewers

  • Lot Depth: 132 Feet

  • Lot Frontage: 66 Feet

  • Zoning: U2-20

Commercial Specific

  • Total Area: 2772.46

  • Total Area Metric: Sq Ft

Map of 177 PARK Street, Waterloo
JK-8

Our Lady of Lourdes Catholic Elementary School

Elementary: Catholic
0.93 km
JK-6

King Edward Public School

Elementary: Public
1.09 km
JK-6

Westmount Public School

Elementary: Public
0.89 km
JK-8

St John Catholic Elementary School

Elementary: Catholic
1.25 km
6-8

MacGregor Public School

Elementary: Public
1.54 km
JK-6

Elizabeth Ziegler Public School

Elementary: Public
0.98 km
9-12

St David Catholic Secondary School

Secondary: Catholic
3.06 km
Pre-Grade 9-12

Forest Heights Collegiate Institute

Secondary: Public
3.58 km
Pre-Grade 9-12

Kitchener Waterloo Collegiate and Vocational School

Secondary: Public
0.83 km
Pre-Grade 9-12

Bluevale Collegiate Institute

Secondary: Public
2.47 km
Pre-Grade 9-12

Waterloo Collegiate Institute

Secondary: Public
2.59 km
9-12

Resurrection Catholic Secondary School

Secondary: Catholic
2.92 km
77 Lancaster Street West, Kitchener | MLS: X8412156
For Sale
5 months ago
$1,650,000
  • 0 bath
  • 0 bed

77 Lancaster Street West, Kitchener, Ontario • N2H 4T3 • Kitchener

Join or Sign in • See photos & sale data
Real estate boards require a verified account
 19 King Street North, Waterloo | MLS: X8458230
For Sale
5 months ago
$X,XXX,XXX
  • — bath
  • — bed

19 King Street North, Waterloo, Ontario • N2J 2W6 • Waterloo

216 King Street South, Waterloo | MLS: X9255767
For Sale
3 months ago
$2,145,000
  • 0 bath
  • 0 bed

216 King Street South, Waterloo, Ontario • N2J 1R3 • Waterloo

110-116 Erb Street West, Waterloo | MLS: X9344346
For Sale
2 months ago
$1,798,000
  • 0 bath
  • 0 bed

110-116 Erb Street West, Waterloo, Ontario • N2L 1T5 • Waterloo

Join or Sign in • See photos & sale data
Real estate boards require a verified account
 30 William Street West, Waterloo | MLS: X9355766
For Sale
3 months ago
$X,XXX,XXX
  • — bath
  • — bed

30 William Street West, Waterloo, Ontario • N2L 1J4 • Waterloo

173 Park Street, Waterloo | MLS: X9419094
For Sale
1 month ago
$2,185,000
  • 0 bath
  • 0 bed

173 Park Street, Waterloo, Ontario • N2L 1Y7 • Waterloo

177 Park Street, Waterloo | MLS: X9419107
For Sale
1 month ago
$1,895,000
  • 0 bath
  • 0 bed

177 Park Street, Waterloo, Ontario • N2L 1Y7 • Waterloo

181 Park Street, Waterloo | MLS: X9419122
For Sale
1 month ago
$1,795,000
  • 0 bath
  • 0 bed

181 Park Street, Waterloo, Ontario • N2L 1Y7 • Waterloo

173 PARK Street, Waterloo | MLS: X10404289
For Sale
1 month ago
$2,185,000
  • 0 bath
  • 0 bed

173 PARK Street, Waterloo, Ontario • N2L 1Y7 • Waterloo

181 PARK Street, Waterloo | MLS: X10404291
For Sale
1 month ago
$1,795,000
  • 0 bath
  • 0 bed

181 PARK Street, Waterloo, Ontario • N2L 1Y7 • Waterloo

47 Scott Street, Kitchener | MLS: X10367040
For Sale
2 weeks ago
$1,499,000
  • 0 bath
  • 0 bed

47 Scott Street, Kitchener, Ontario • N2H 2P9 • Kitchener

336 Batavia Place, Waterloo | MLS: X10413334
For Sale
1 week ago
$1,499,900
  • 0 bath
  • 0 bed

336 Batavia Place, Waterloo, Ontario • N2L 3W2 • Waterloo