$1,500,000
Available - For Sale
Listing ID: X12156927
59 Regina Street North , Waterloo, N2J 2L3, Waterloo
| 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: | $14269.00 |
| Tax Type: | Annual |
| Occupancy: | Owner+T |
| Address: | 59 Regina Street North , Waterloo, N2J 2L3, Waterloo |
| Postal Code: | N2J 2L3 |
| Province/State: | Waterloo |
| Directions/Cross Streets: | Regina Street North and Young Street East |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | T |
| Total Area: | 4040.00 |
| 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+ |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| Victoria Park Real Estate Ltd. |
|
|
.jpg?src=Custom)
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Waterloo |
| Municipality: | Waterloo |
| Neighbourhood: | Dufferin Grove |
| Approximate Age: | 100+ |
| Tax: | $14,269 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
- Color Examples
- Red
- Magenta
- Gold
- Green
- Black and Gold
- Dark Navy Blue And Gold
- Cyan
- Black
- Purple
- Brown Cream
- Blue and Black
- Orange and Black
- Default
- Device Examples