For Sale

59 Regina Street, Waterloo, Ontario N2J 2L3

$0

59 Regina Street, Waterloo, Ontario N2J 2L3 is For Sale and has a listing price of 1,200,000. The property is located in the Waterloo . It's been on the website for 10 Days.

  • MLS ID: X12453247
  • Office Name Victoria Park Real Estate Ltd.
Property Description

Zoned U1-40(12 storeys) ~~~ This 3-unit mixed-use property has a lot to offer the pure investor or owneroccupier! With over 1480 square feet of main-floor commercial space, the zoning permits financialinstitution, medical office, personal services, restaurant and cafe, retail store, tech office, vet clinic, artstudio, business incubator, and so much more! With corner-lot exposure, 10 parking spaces, and a locationin the heart of Uptown Waterloo, the stage is set for a new business to operate where this Seller’s businessthrived for over 35 years. Find 3-bedroom and 1-bedroom apartments on the upper floors, each withseparate hydro meters, which can help to make this a great investment. Forecasted modest rents andactual expenses show a net operating income of $64,880 making this a favourable investment in the shortterm while holding and planning for highest-and-best-use. Just a few blocks from WLU, UW, ConestogaCollege, Light-Rail Transit, and Waterloo Park, this presents a great opportunity for attracting residentialtenants and commercial clients in a neighbourhood that is enjoyable to be in. Projected revenue of $88kand NOI of $64k. Explore the possibilities for a great investment, today!

Property Details
  • MLS ID: X12453247
  • Price: $1,200,000
  • Lot Depth: 131
  • Transaction Types: For Sale
  • Ref ID: X12453247
  • Year Built: N/A
  • Dir / Cross St: Regina Street North and Young Street East
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 100+
  • Property Type: Commercial
  • Property Sub Category: Commercial Apartment
Price History
List Date MLS ID List Price Status End Date Closed Price
10/09/2025 X12453247 $1,200,000 For Sale - -
07/18/2025 X12294202 $1,450,000 For Sale - -
05/18/2025 X12156927 $1,450,000 For Sale - -
03/30/2025 X12049781 $1,695,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Waterloo
  • $805,166 Average List Price
    based on 1 year
  • 307 New Listings
    based on 30 days
  • 76 Median Days on Market
    based on 1 year
  • List vs. Selling Price 115.28 % Up
  • Sold (12mo) 640
  • Rented (12mo) 244

  • 1 Month Change -2.1%
  • 3 Month Change -31.5%
  • 6 Month Change -22.7%
Walkscore
Additional Details
  • Heat Type Y
  • Garage Type Single Detached
  • Parking Spaces: 10
  • Taxes: $15,019
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 09/10/2025 01:40:15
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