45 Princess St E - Apartments FOR SALE


Waterloo, ON N2J 2H6
$825,000 CAD
833-740-4884
45 Princess St E, Waterloo, ON for Sale
$825,000 CAD
Apartments - FOR SALE
1/45
null | Request Cap Rate

45 Princess St E
Waterloo, ON N2J 2H6


HIGHLIGHTS

  • Uber Cool Live-Work Space
  • Main Floor Features Contempoary Office Space
  • Second Floor has Self-Contained One Bedroom Apartment
  • Four Surface, Two Driveway and Public Parking Out Front
  • Flexible, Uptown Core One Zoning
  • Centrally Located in the Heart of Uptown Waterloo

OVERVIEW

Uber Cool, Live-Work space located in the Heart of Uptown Waterloo! Located within walking distance to all amenities that make Waterloo great! 45 Princess features 889 square feet of modernized main floor office space combining with a newly renovated, one bedroom apartment. Note the details: exposed naked brick accent walls on main floor, pot lighting, oversized baseboards, abundance of white oak hard wood flooring throughout, tile carpet, new windows, uncommon light fixtures. The building experienced a “to the stud renovations” – and it shows. Thousands of dollars spent on interior improvements to create a very, very desirable environment. Main floor has a great flow – with two offices, a central meeting room, two piece bath and kitchenette. This could be ideal, inspirational first impression for financial planner, lawyer, retail, business incubator, personal service shop, tech office, entruprenuer that seeks mortgage helper +++ The property's zoning may open doors to future development opportunities when combined with adjacent properties. The second level apartment boasts AirBNB level finish. Additional, quality space is available in the lowered, partially finished basement which has a bathroom rough in. Have I mentioned parking? Parking in Uptown Waterloo is very limited – yet this spot has four independent parking spots at the back plus a couple more on the driveway. And additional street parking out front! Current tenants on month to month basis. Situated steps to Waterloo Public Square/Willis Way LRT stations (about 200 meters), a couple of blocks from the Iron Horse Trail, an easy walk to City Hall, the Shops at Waterloo Town Square, cafes, theaters and night life. Walking distance to Laurier. E-scooter/LRT to University of Waterloo. Don’t be fooled by the understated exterior. This is not a drive by. Alert: Wow factor. This is a Must See.

FOR SALE DETAILS

PRICE

$825,000 CAD

PRICE/SF

$571 CAD /SF

# OF UNITS

2

PRICE/UNIT

$412,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1906

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

Uptown Core One

APN/PARCEL ID

301601325002500

ASK ABOUT THIS PROPERTY

Mike MilovickRoyal LePage Wolle RealtyMore Info
833-740-4884

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Mike MilovickRoyal LePage Wolle RealtyMore Info
833-740-4884

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.