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

MLS® # 40538365
Commercial For Sale In Central, Waterloo, Ontario
$1,395,000
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
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ACTIVE
59 REGINA Street N, Waterloo, Ontario, N2J 3A6
$1,395,000

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 1400 square feet of main-floor retail space, the zoning permits financial institution, medical office, personal services, restaurant, retail store, tech office, vet clinic, art studio, business incubator, and so much more! With corner-lot exposure, 9 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 cap rate over 4%, 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 $65k. Explore the possibilities for a great investment, today! (id:27)

Building Features:

  • Style: Office
  • Basement Type: Full
  • Exterior Finish: Aluminum siding, Brick

Property Features:

  • OwnershipType: Freehold
  • Property Type: Office
  • Access Type: Highway access, Rail access
  • Amenities Nearby: Hospital, Public Transit, Schools
  • Features: Visual exposure, Paved driveway
  • Floor Space (approx): 4040.00
  • Lot Depth: 131.0 Feet
  • Lot Frontage: 66.0 Feet
  • Zoning: U1-40
  • Sewer: Municipal sewage system
  • Parking Type: Detached garage

Courtesy of: Victoria Park Real Estate Ltd.

REALTOR.ca  

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Market Price Trends

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

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

34 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

34 hot days expected in 2050

51/100

High

ClimateCheck®

Current data

This property, 59 REGINA Street N , experiences 7 hot days per year at around 30.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.2 degrees Celsius.

Projected Avg. Temperature

Past
30.6℃
2050
34.2℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

63/100

ClimateCheck®

Current data

This property, 59 REGINA Street N , experiences 11 significant 2-day storms per year, with about 319.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 396.3mm of precipitation per year.

Precipitation Per Storm

Past
319.6mm
2050
396.3mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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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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