$725,000
Unlock Price Rating!

491 Park Street, Kitchener, ON N2G1N7

- Beds
0 Baths
1,210 Sq Ft

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-Waterloos dynamic Midtown. Located just steps from Grand River Hospital, this offering includes 3 income-generating properties485 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, youll find vibrant shopping, charming boutiques, top-tier restaurants, & thriving businesses, including Sun Life. The nearby LRT station ensures effortless commuting & seamless access to the regions core areas, making this location highly desirable for tenants & future development. Whether youre 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-Waterloos most sought-after areas. Dont miss your chance to secure your stake in Kitchener-Waterloos flourishing real estate landscape. Contact us today for more details! *The price listed is for this property only-it does not include the cost of the other 2 properties. All 3 properties are being sold together & are not being sold separately* (id:55598)

  • MLS® 40679720
  • Date Listed11/21/2024
  • Days on Realty 30 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Sewer Public Sewer
  • Property Type Other
  • Water Public
  • Square Feet 1,210 sq. ft
  • Price Per Sq. Ft $599.17

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in ON / N2G1N7

Source: Walkscore

83/100

Very Walkable

Walk Score ®

61/100

Good Transit

Transit Score ®

85/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

17 nearby routes: 14 bus, 3 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 54/100, Transit Score: 45/100, Bike Score: 63/100.

Points of interest near 491 PARK Street, Kitchener, ON N2G1N7

Frequently Asked Questions for 491 PARK Street

Source: Realty.com

491 PARK Street, Kitchener, ON N2G1N7 is a Other, Commercial Sale property listed for $725,000 The property is 1210 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 9 photos of 491 PARK Street.

The full address for this home is 491 PARK Street, Kitchener, ON N2G1N7.

491 PARK Street has been listed on Realty.com since Thu November 21, 2024

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 54/100, Transit Score: 45/100, Bike Score: 63/100.

Listing provided courtesy of: RE/MAX TWIN CITY REALTY INC., BROKERAGE (tel: (519) 885-0200)
Listing agent: BECKY DEUTSCHMANN (tel: (519) 841-6511)

This content last refreshed on 2024-12-21 10:55:33. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 491 PARK Street, Kitchener, ON N2G1N7 : MLS® 40679720