Zoned U1-40(12 storeys) ~~~ This 3-unit mixed-use property has a lot to offer the pure investor or owneroccupier! With over 1480 square feet of main-floor commercial space, the zoning permits financialinstitution, medical office, personal services, restaurant and cafe, retail store, tech office, vet... clinic, artstudio, business incubator, and so much more! With corner-lot exposure, 10 parking spaces, and a locationin the heart of Uptown Waterloo, the stage is set for a new business to operate where this Seller's businessthrived for over 35 years. Find 3-bedroom and 1-bedroom apartments on the upper floors, each withseparate hydro meters, which can help to make this a great investment. Forecasted modest rents andactual expenses show a net operating income of $64,880 making this a favourable investment in the shortterm while holding and planning for highest-and-best-use. Just a few blocks from WLU, UW, ConestogaCollege, Light-Rail Transit, and Waterloo Park, this presents a great opportunity for attracting residentialtenants and commercial clients in a neighbourhood that is enjoyable to be in. Projected revenue of $88kand NOI of $64k. Explore the possibilities for a great investment, today!
Similar Properties(No results)
Mortgage Calculator
Calculate your estimated monthly mortgage payment
Price
$1,200,000
$
%
%
Total cost of mortgage
$0
Monthly payment
By clicking Save, we will calculate your estimated mortgage for all properties using the saved values (down payment percentage, interest rate, and amortization).
The accuracy and applicability of this calculator are not guaranteed.
