The listing data is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association (CREA) nor https://savemax.com
Back to search OntarioKitchener485 PARK Street
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Updated in 26 days ago
Updated in 26 days ago
For SaleAttention all investors! PROPOSED SGA2 ZONING. BUILD UP TO 8 STORIES. This exceptional investment opportunity awaits in the heart of Kitchener-Waterloo's vibrant Midtown area. Situated directly behind the renowned Grand River Hospital, these 3 income-producing properties (485 PARK ST, 491 PARK ST, 61 MT HOPE) are bundled together, providing a prime investment package that can't be missed. Whether you wish to hold, enhance, or explore future redevelopment options, this offering is brimming with potential. Currently occupied by tenants, these 3 properties boast a steady stream of rental income. Additionally, the opportunity to lease the 4th unit, presently utilized for storage, further adds to the revenue-generating potential. Notably, the local zoning (I-2) & planning regulations encourage increased density & the construction of residential units, positioning this property as a lucrative prospect for development. Enviably located within close proximity to Belmont Village, & a host of other thriving areas, including the vibrant Uptown Waterloo are all within walking distance, providing unparalleled urban convenience. Its exceptional location positions you just a stone's throw away from the convenient LRT, ensuring seamless & effortless commuting. Furthermore, a plethora of thriving businesses, such as Sun Life, vibrant shopping destinations, charming boutiques, & delectable restaurants, awaits you within easy reach, creating a vibrant & dynamic atmosphere for both work & leisure. Don't miss out on this remarkable investment opportunity, as it offers the perfect combination of an exceptional location, income potential, & future possibilities. Secure your stake in the heart of Kitchener-Waterloo's flourishing landscape today! (id:35363)
Save Max offers you the best available properties for sale in Canada. This Vacant Land property located at 485 PARK Street is just one of our extensive listings. We regularly update our offerings to present you with the hottest properties and investment opportunities. This particular property has been listed on Save Max for 167 days, available at the attractive price of $2,195,000.
Explore the welcoming living space with 0 beds & 0 bathrooms at 485 PARK Street. Listed on 01 Dec 2023, this property offers a fantastic opportunity for homebuyers. For a comprehensive analysis of average home prices, property types, inventory, and days on the market, browse our housing stats. Use our filters to narrow your search by bedrooms, property type, neighbourhood and price. We also provide a mortgage calculator to help you evaluate your options and assess cash flow. In addition to available properties for sale in Canada, we offer rental properties to cater to your needs. Whether it's the property at 485 PARK Street or any other listings, fill out the form, and our agents will gladly schedule a showing. Contact us with any real estate inquiries, and our experienced realtors will help you find the perfect place for you and your loved ones.
Property Type | Vacant Land |
Garage/Parking | N/A |
Basement | None |
Building Type | N/A |
Municipality | Kitchener |
Construction Style | N/A |
Community | N/A |
MLS # | 40518651 |
Days on Market | 167 Days |
Listed On | 01 Dec 2023 |
Last Updated | 20 Apr 2024 |
Listed By | RE/MAX TWIN CITY REALTY INC., BROKERAGE |
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The listing data is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association (CREA) nor https://savemax.com