Kitchener, ON N2G1N7,491 PARK Street
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Kitchener, ON N2G1N7,491 PARK Street
Kitchener, ON N2G1N7,491 PARK Street
Kitchener, ON N2G1N7,491 PARK Street
Kitchener, ON N2G1N7,491 PARK Street
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491 PARK Street Kitchener, ON N2G1N7

3 Beds

1 Bath

1,210 SqFt


UPDATED:

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

Originating Board Cornerstone - Waterloo Region

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

Rooms

Extra Room 1 Second level Measurements not available 3pc Bathroom

Extra Room 2 Second level 13'4'' x 8'0'' Bedroom

Extra Room 3 Second level 13'11'' x 9'8'' Bedroom

Extra Room 4 Second level 13'11'' x 8'2'' Bedroom

Extra Room 5 Main level 13'4'' x 11'3'' Family room

Extra Room 6 Main level 11'3'' x 10'11'' Dining room

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Garage No

Community Features Community Centre

Waterfront No

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Architectural Style 2 Level

Others

Ownership Freehold


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Listed by RE/MAX TWIN CITY REALTY INC., BROKERAGE

CHRIS HOLM

PERSONAL REAL ESTATE CORPORATION | License ID: 10430

+1(250) 309-0039

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491 PARK Street