59 Regina Street N Waterloo, Ontario N2J 3A6
MLS# 40710269 - Buy this house, and I'll buy Yours*

$1,695,000

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, 10 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 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, Conestoga College, 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! (id:51158)

Property Details

MLS® Number	40710269
Property Type	Other
Amenities Near By	Hospital, Public Transit, Schools
Features	Southern Exposure, Visual Exposure, Paved Driveway

About 59 Regina Street N, Waterloo, Ontario

This For sale Property is located at 59 Regina Street N Other, in the City of Waterloo. Nearby amenities include - Hospital, Public Transit, Schools Other bedroom(s), bath(s) . 59 Regina Street N heating . This house features a Fireplace.

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This Waterloo's exterior is finished with Aluminum siding, Brick. Also included on the property is a Detached Garage

The Current price for the property located at 59 Regina Street N, Waterloo is $1,695,000 and was listed on MLS on :2025-04-04 02:28:05. The current average price in the city of is $0.00. The lowest price listed on MLS for a listing is $0.00. The highest priced 's in the area is prices at $0.00. The city of has 0 - 's listed on the MLS System.

Building

Basement Type	Full
Exterior Finish	Aluminum Siding, Brick
Stories Total	3
Size Exterior	4040.0000
Size Interior	4040 Sqft
Utility Water	Municipal Water

Parking

Detached Garage

Land

Access Type	Highway Access, Rail Access
Acreage	No
Land Amenities	Hospital, Public Transit, Schools
Sewer	Municipal Sewage System
Size Depth	131 Ft
Size Frontage	66 Ft
Size Irregular	0.199
Size Total	0.199 Ac|under 1/2 Acre
Size Total Text	0.199 Ac|under 1/2 Acre
Zoning Description	U1-40

https://www.realtor.ca/real-estate/28092846/59-regina-street-n-waterloo