35 John Street West, Waterloo | Image 1

35 John Street West

Waterloo

  • Commercial

$3,295,000
For Sale

Added 4 days ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: U2-20

  • Age: No Data

  • Taxes: 15808.64

  • MLS®#: X9419083

  • Days on Site: 3 Days

  • Added: Oct 18, 2024 (4 days ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: SOTHEBY`S INTERNATIONAL REALTY CANADA

This striking 7-bedroom apartment is located in a highly sought-after neighbourhood in Uptown Waterloo. 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 building offers the best of both worlds. This property provides 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 property with redevelopment potential in one of Waterloo's most desirable neighbourhoods.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Industrial

  • Area: Waterloo

  • Availability Date: Flexible

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 1 PL 408 CITY OF WATERLOO AS IN 1513636; WATERLOO

  • Taxes: $15,809

  • Expenses: Act

  • Insurance Fee: 2760

  • Heat Expenses: 1063

  • Taxes Type: Annual

  • Tax Year: 8145

  • Water Fees: 3572

Land

  • Cross Street: John St W and Park S

  • Municipality District: Waterloo

  • Parcel Number: 224200095

  • Lot Depth: 122 Feet

  • Lot Frontage: 66 Feet

  • Zoning: U2-20

Commercial Specific

  • Total Area: 5754.7

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

  • Gross Income/Sales: 104063

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