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59 REGINA Street N, Waterloo, Ontario, N2J 3A6

MLS® # 40777416
Commercial For Sale In Central, Waterloo, Ontario
$1,500,000

None Beds

59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
59 Regina Street N, Waterloo, ON
  • Advertising
59 REGINA Street N, Waterloo, Ontario, N2J 3A6
$1,500,000

Property Information:

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, 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:27)

Building Features:

  • Basement Type: Full
  • Exterior Finish: Aluminum siding, Brick
  • Floor Space: 4040 sqft

Property Features:

  • OwnershipType: Freehold
  • Property Type: Other
  • Access Type: Highway access, Rail access
  • Amenities Nearby: Hospital, Public Transit, Schools
  • Features: Southern exposure, Visual exposure, Paved driveway
  • Floor Space (approx): 4040 Square Feet
  • Irregular: Yes
  • Lot Depth: 131 Feet
  • Lot Frontage: 66 Feet
  • Lot Size: 0.20 Acres
  • Zoning: U1-40
  • Sewer: Municipal sewage system
  • Parking Type: Detached garage

REALTOR.ca  

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Market Price Trends

Single family detached

-3.32%

Price change (1 year)

26.8%

Price change (5 years)

All Properties

-3.9%

Price change (1 year)

26.49%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 59 REGINA Street N, Waterloo, Ontario, N2J 3A6

Demographic Information of 59 REGINA Street N, Waterloo, Ontario, N2J 3A6

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$77,039.45

Average Number of Children

1.50

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

4.34 %

High school certificate or equivalent

38.3 %

Apprenticeship trade certificate/diploma

1.14 %

College/non-university certificate

11.7 %

University certificate (below bachelor)

1.81 %

University Degree

42.72 %

Commuter

Travel To Work

By Car

51.87 %

By Public Transit

25.43 %

By Walking

16.35 %

By Bicycle

2.46 %

By Other Methods

3.89 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

78.83 %

Houses

21.17 %

Own Vs. Rent

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