491 PARK Street new Save Request In-Person Tour Request Virtual Tour
Kitchener,ON N2G1N7
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,210 sqft
Price per Sqft $599
Subdivision 415 - Uptown Waterloo/Westmount
MLS Listing ID 40679701
Style 2 Level
Bedrooms 3
Property Description
Prime Investment Opportunity in the Heart of Midtown Kitchener-Waterloo-Attention investors & developers! This is your chance to secure a rare & exceptional investment package in the heart of Kitchener-Waterloo?s dynamic Midtown. Located just steps from Grand River Hospital, this offering includes 3 income-generating properties?485 Park Street, 491 Park Street, & 61 Mt. Hope. These properties, being sold together as a bundled package, offer unparalleled potential for income generation, development, & long-term growth. Currently occupied by tenants, these properties ensure a steady & reliable stream of rental income. Adding to their revenue potential is a 4th unit, presently utilized for storage, which can be converted into a leasable space for additional income. The zoning designations (I-2 & SGA-2) & local planning regulations allow for increased density & the development of residential units, positioning this package as a prime redevelopment opportunity. Situated in the coveted Midtown area, these properties boast an enviable location offering exceptional connectivity & urban convenience. Just a short walk to Belmont Village & Uptown Waterloo, you?ll find vibrant shopping, charming boutiques, top-tier restaurants, & thriving businesses, including Sun Life. The nearby LRT station ensures effortless commuting & seamless access to the region?s core areas, making this location highly desirable for tenants & future development. Whether you?re looking to expand your investment portfolio, maximize rental income, or capitalize on the redevelopment potential, this package represents a one-of-a-kind opportunity in one of Kitchener-Waterloo?s most sought-after areas. Don?t miss your chance to secure your stake in Kitchener-Waterloo?s flourishing real estate landscape. Contact us today for more details! Opportunities like this don?t last! (id:24570)
Location
Province ON
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Garage No
Community Features Community Centre
Waterfront No
View Y/N No
Building
Story 2
Sewer Municipal sewage system