Frank Gallo
Sales Representative
Homelife Classic Realty Inc., Brokerage, Brokerage
Independently owned and operated.
1600 Steeles Ave. W, Unit 36, Vaughan, Ontario L4K4M2
Cell: 416-433-5981Office: 647-479-8477Fax: 647-479-8457
$1,500,000
Available - For Sale
Listing ID: X12156927
59 Regina Stre 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 Stre 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 |
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| Victoria Park Real Estate Ltd. |
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Frank Gallo
Sales Representative
Dir:
416-433-5981
Bus:
647-479-8477
Fax:
647-479-8457
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Waterloo |
| Municipality: | Waterloo |
| Neighbourhood: | Dufferin Grove |
| Approximate Age: | 100+ |
| Tax: | $14,269 |
| Fireplace: | N |
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