Property Details

59 REGINA Street N, Waterloo, Ontario, N2J3A6

59 REGINA Street N, Waterloo, Ontario, N2J3A6 (ID 40777416)
Representative
Jennifer Brown portrait
Jennifer Brown
Sales Representative
Royal LePage Wolle Realty Brokerage - Waterloo
Tel: 519-747-2040

$1,500,000 - For sale

ID#:40777416

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 feet of main-floor commercial space, the zoning permits financial institution, medical office, personal services, restaurant and cafe, retail store, tech office, vet clinic, art studio, business incubator, and so much more! With corner-lot exposure, ample parking spaces, and a location in the heart of Uptown 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 modest rents and actual expenses show a projected net operating income of $64,880 making this a favourable investment in the short-term while holding and planning for highest-and-best-use. Just a few blocks from WLU, UW, Conestoga College, Light-Rail Transit, and Waterloo Park, this presents a great 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! (id:2471)

Location DescriptionAt the corner of Regina Street North and Young Street East, just 1 block east of King Street North.

Property Details
  • Property Address:59 REGINA Street N, Waterloo, Ontario, N2J3A6
  • Property Type:Other
  • Title:Freehold
  • Lot Size:0.199 ac|under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Highway access, Rail access
  • Driveway:Detached Garage
Structure Details for 59 REGINA Street N, Waterloo, Ontario, N2J3A6
  • Floor Space:4040 sqft
  • Storeys:3
  • Basement Type:Full
  • Rental Equipment:Water Heater
  • Exterior Type:Aluminum siding, Brick
Amenities for 59 REGINA Street N, Waterloo, Ontario, N2J3A6 Southern exposure, Visual exposure, Paved driveway
  • Amenities Nearby:Hospital, Public Transit, Schools
Representative
Jennifer Brown portrait
Jennifer Brown
Sales Representative
Royal LePage Wolle Realty Brokerage - Waterloo
Tel: 519-747-2040
Request Information
Mortgage Calculator Inputs
Mortgage Calculator Results
Note: All calculations for informational purposes only, and should be verified.
Get Pre-Approved

Listing Office: Royal LePage Wolle Realty

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.


Loading...

59 REGINA Street N, Waterloo, Ontario, N2J3A6

* not intended to solicit those currently under contract. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
The out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
By using our site, you agree to our Terms of Use
Translate ยป