Kitchener, ON N2G1N7,491 PARK Street
See all 7 photos
Kitchener, ON N2G1N7,491 PARK Street
Kitchener, ON N2G1N7,491 PARK Street
Kitchener, ON N2G1N7,491 PARK Street
Kitchener, ON N2G1N7,491 PARK Street
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
24
Feb
Tue
25
Feb
Wed
26
Feb
$ 699,900
Est. payment /mo
Save
Active

491 PARK Street Kitchener, ON N2G1N7

3 Beds

1 Bath

1,210 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,210 sqft

Price per Sqft $578

Subdivision 415 - Uptown Waterloo/Westmount

MLS® Listing ID 40679701

Style 2 Level

Bedrooms 3

Originating Board Cornerstone - Waterloo Region

Property Sub-Type Freehold

Property Description

Prime Investment Opportunity Near Grand River Hospital: This exceptional investment package offers a rare opportunity to acquire three income-generating properties strategically located near Grand River Hospital in Kitchener. The package includes 485 Park Street, 491 Park Street, and 61 Mt. Hope, being sold together as a bundled offering for a total price of $2,099,700 ($699,900 per property). Please note that these properties cannot and will not be sold separately. Currently, all three properties are fully occupied, ensuring consistent and reliable rental income. Additionally, there is a fourth unit presently utilized as storage, which could be converted into a leasable space to increase revenue potential. The zoning designations, I-2 and SGA-2, allow for increased density and redevelopment, making this an ideal opportunity for investors and developers looking to capitalize on Kitchener's growing real estate market. The properties are conveniently situated in a high-demand area near Grand River Hospital, providing proximity to Uptown Waterloo, Belmont Village, and major employers like Sun Life. With easy access to public transit, including the LRT, this location is highly appealing for both tenants and future redevelopment projects. This investment package offers significant potential for income generation, redevelopment, and long-term value growth. Whether you're expanding your portfolio, seeking to maximize rental income, or exploring redevelopment opportunities, this package provides a solid foundation for success. Don't miss this rare opportunity—contact us today for more details! (id:24570)

Location

Province ON

Rooms

Extra Room 1 Second level Measurements not available 3pc Bathroom

Extra Room 2 Second level 13'4'' x 8'0'' Bedroom

Extra Room 3 Second level 13'11'' x 9'8'' Bedroom

Extra Room 4 Second level 13'11'' x 8'2'' Bedroom

Extra Room 5 Main level 13'4'' x 11'3'' Family room

Extra Room 6 Main level 11'3'' x 10'11'' Dining room

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features No

Community Features Community Centre

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Architectural Style 2 Level

Others

Ownership Freehold


Powered by: REALTOR.ca
Listed by RE/MAX TWIN CITY REALTY INC., BROKERAGE
agent

AJ Hazzi

Broker | License ID: 1390206

+1(250) 717-3133

GET MORE INFORMATION

Full Name
Phone*
Message

Go tour this home

491 PARK Street