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$1,500,000
Available - For Sale
Listing ID: X12156927
Zoned U1-40(12 storeys) ~~~ This 3-unit mixed-use property has a lot to offer the pure investor or owner occupier! With over 1480 square feetof main-floor commercial space, the zoning permits financial institution, medical office, personal services, restaurant and cafe, retail store, techoffice, vet clinic, art studio, business incubator, and so much more! With corner-lot exposure, 10 parking spaces, and a location in the heart ofUptown Waterloo, the stage is set for a new business to operate where this Seller's business thrived for over 35 years. Find 3-bedroom and 1-bedroom apartments on the upper floors, each with separate hydro meters, which can help to make this a great investment. Forecasted modestrents and actual expenses show a net operating income of $64,880 making this a favourable investment in the short-term while holding andplanning for highest-and-best-use. Just a few blocks from WLU, UW, Conestoga College, Light-Rail Transit, and Waterloo Park, this presents agreat opportunity for attracting residential tenants and commercial clients in a neighbourhood that is enjoyable to be in. Projected revenue of$88k and NOI of $64k. Explore the possibilities for a great investment, today!
Price $1,500,000
Taxes: $14,269
Tax Type: Annual
Occupancy by: Owner+T
Address: 59 Regina Stre North , Waterloo, N2J 2L3, Waterloo
Postal Code: N2J 2L3
Province/State: Waterloo
Directions/Cross Streets: Regina Street North and Young Street East
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Store With Apt/Office
Building Percentage: T
Total Area: 4,040
Total Area Code:  Square Feet
Office/Appartment Area: 0
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Approximatly Age: 100+
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Victoria Park Real Estate Ltd.

59 Regina Stre North , Waterloo, N2J 2L3, Waterloo


 
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At a Glance:
Type: Com - Store W Apt/Office
Area: Waterloo
Municipality: Waterloo
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 131.00(Feet)
Approximate Age: 100+
Tax: $14,269
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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