Property Details

185 PARK Street, Waterloo, Ontario, N2L1Y7

185 PARK Street, Waterloo, Ontario, N2L1Y7 (ID 40423285)
Pat Kritz

Coldwell Banker Peter Benninger Realty - Kitchener
Cell: 519-901-2061
Tel: 519-742-5800

$1,695,000 - For sale


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 a property with income-generating potential, this triplex offers the best of both worlds. For those interested in expansion or further development, the property can be purchased together with 189 Park Street, combining for a substantial lot size of 0.236 acres. With a frontage of 84 ft. and a depth of 122 ft., these properties provide ample space for potential redevelopment projects. Both properties are zoned U2-20, allowing for development of up to 6 storeys. This zoning designation opens up a world of possibilities for the future, whether it be constructing additional residential units, mixed-use spaces, or other commercial ventures. Uptown Waterloo is a vibrant and thriving neighborhood, 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 neighborhoods. Take advantage of the strong holding income and explore the possibilities that the U2-20 zoning offers. Can be purchased with 189,181,177,173 Park St & 35 John St. It's time to make your mark on Uptown Waterloo's real estate landscape. (id:2471)

Location DescriptionJohn st w and Park st

Property Details
  • Property Address:185 PARK Street, Waterloo, Ontario, N2L1Y7
  • Property Type:Single Family
  • Title:Freehold
  • Lot Size:under 1/2 acre
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Rail access
Structure Details for 185 PARK Street, Waterloo, Ontario, N2L1Y7
  • Structure Style:House
  • Bedrooms:4
  • Bathrooms:4-Total 1-Partial
  • Floor Space:2800
  • Heating Type:Radiant heat
  • Style:Detached
  • Architecture Style:3 Level
  • Storeys:3
  • Basement Type:Full (Unfinished)
  • Foundation Type:Stone
  • Cooling Type:Window air conditioner
  • Appliances Included:Water meter
  • Exterior Type:Vinyl siding
Amenities for 185 PARK Street, Waterloo, Ontario, N2L1Y7 High Traffic Area
  • Amenities Nearby:Hospital, Park, Playground, Public Transit, Schools, Shopping
Type Level Dimensions
BedroomSecond level10'5'' x 12'6''
Living roomSecond level16'9'' x 15'2''
KitchenSecond level10'5'' x 10'4''
Dining roomSecond level15'4'' x 14'11''
3pc BathroomSecond level9'3'' x 6'9''
BedroomSecond level14'7'' x 14'5''
BedroomThird level17'5'' x 12'5''
Utility roomBasement13'0'' x 6'0''
StorageBasement12'5'' x 3'3''
Utility roomBasement11'1'' x 9'0''
OtherBasement15'0'' x 29'0''
OtherBasement12'0'' x 7'5''
OtherBasement14'3'' x 21'1''
2pc BathroomBasement4'4'' x 7'0''
3pc BathroomMain level7' x 3'5''
Living roomMain level16'9'' x 15'11''
BedroomMain level13'2'' x 10'10''
KitchenMain level1'11'' x 12'10''
Living roomMain level14'0'' x 12'0''
4pc BathroomMain level7'11'' x 6'5''
KitchenMain level12'1'' x 13'0''
Pat Kritz
Coldwell Banker Peter Benninger Realty - Kitchener
Cell: 519-901-2061
Tel: 519-742-5800
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185 PARK Street, Waterloo, Ontario, N2L1Y7

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