485 PARK Street , Kitchener, Ontario N2G1N7
485 PARK Street , Kitchener, Ontario N2G1N7
485 PARK Street , Kitchener, Ontario N2G1N7
485 PARK Street , Kitchener, Ontario N2G1N7
485 PARK Street , Kitchener, Ontario N2G1N7
485 PARK Street , Kitchener, Ontario N2G1N7
485 PARK Street , Kitchener, Ontario N2G1N7
485 PARK Street , Kitchener, Ontario N2G1N7
485 PARK Street , Kitchener, Ontario N2G1N7
485 PARK Street , Kitchener, Ontario N2G1N7
485 PARK Street , Kitchener, Ontario N2G1N7
485 PARK Street , Kitchener, Ontario N2G1N7
485 PARK Street , Kitchener, Ontario N2G1N7
485 PARK Street , Kitchener, Ontario N2G1N7
485 PARK Street , Kitchener, Ontario N2G1N7
485 PARK Street , Kitchener, Ontario N2G1N7
485 PARK Street , Kitchener, Ontario N2G1N7
Favorite
print Print
share Share
iso Calculate Mortgage
For Sale

$2,195,000

485 PARK Street , Kitchener, Ontario N2G1N7

5 Beds 3 Baths 1 Partial Bath

Remarks

Attention all investors! 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:7526)

Property Summary

  • Lot Frontage: 55.0 Feet
  • Lot Depth: 132.0 Feet
  • No. of Parking Spaces: 10
  • Floor Space (approx): 2500.00
  • Bedrooms: 5
  • Bathrooms (Total): 3
  • Bathrooms (Partial): 1
  • Zoning: 1-2, 102U

Property Features:

  • Amenities Nearby:
    Hospital
  • Equipment Type:
    None
  • Features:
    Paved driveway
  • Ownership Type:
    Freehold
  • Property Type:
    Single Family
  • Rental Equipment Type:
    None
  • Sewer:
    Municipal sewage system

Building Features:

  • Appliances:
    Dishwasher , Dryer , Stove , Washer , Microwave Built-in
  • Architectural Style:
    2 Level
  • Basement Development:
    Unfinished
  • Basement Type:
    Full
  • Building Type:
    House
  • Construction Style - Attachment:
    Semi-detached
  • Cooling Type:
    Central air conditioning
  • Exterior Finish:
    Aluminum siding
  • Foundation Type:
    Poured Concrete
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Forced air

Rooms

  • Bedroom:
    Level: 2nd 11'0'' x 10'0''
  • Bedroom:
    Level: 2nd 14'0'' x 15'0''
  • Bedroom:
    Level: 2nd 11'0'' x 9'6''
  • Bedroom:
    Level: 2nd 13'0'' x 13'0''
  • Bathroom:
    Level: 2nd Measurements not available
  • Bathroom:
    Level: 2nd Measurements not available
  • Office:
    Level: Main 15'0'' x 13'0''
  • Bedroom:
    Level: Main 13'0'' x 9'6''
  • Kitchen:
    Level: Main 13'0'' x 12'0''
  • Bathroom:
    Level: Main Measurements not available
  • Other:
    Level: Main 13'0'' x 13'0''

Listing courtesy of: 

RE/MAX TWIN CITY REALTY INC., BROKERAGE

RE/MAX TWIN CITY REALTY INC.

Powered by: REALTOR.ca
Lifestyle
Neighbourhood Info

Get More Info

Security Image

Book a tour

Security Image