STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108


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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$1,500,000
Available - For Sale
Listing ID: X12453247
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 feet of main-floor commercial space, the zoning permits financial institution, medical office, personal services, restaurant and cafe, retail store, tech office, vet clinic, art studio, business incubator, and so much more! With corner-lot exposure, ample parking spaces, and a location in the heart of Uptown 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 modest rents and actual expenses show a projected net operating income of $64,880 making this a favourable investment in the short term while holding and planning for highest-and-best-use. Just a few blocks from WLU, UW, ConestogaCollege, Light-Rail Transit, and Waterloo Park, this presents a great 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: $15,019
Tax Type: Annual
Occupancy by: Owner+T
Address: 59 Regina Street North , Waterloo, N2J 2L3, Waterloo
Postal Code: N2J 2L3
Province/State: Waterloo
Directions/Cross Streets: Regina Street North and Young Street East
No. of Pieces Level
Washroom 1 0
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Washroom 70 0
Category: Store With Apt/Office
Building Percentage: T
Total Area: 4,040
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+
Maintenance: 0
Water Expense: $1527
Net Income Before Debt: $64880
Expenses Actual/Estimated: $Act
Sprinklers: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Victoria Park Real Estate Ltd.

59 Regina Street North , Waterloo, N2J 2L3, Waterloo

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Stan Khurana
Sales Representative
Dir:
6473836000
Bus:
905-883-1988

 
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At a Glance:
Type: Com - Store W Apt/Office
Area: Waterloo
Municipality: Waterloo
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 131.00(Feet)
Approximate Age: 100+
Tax: $15,019
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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