Your Next Move

Find a REALTOR® Find my Dream Home What’s my Home Worth?
485 PARK Street Kitchener

485 PARK Street, Kitchener

$725,000

2,500 Square Feet
Prime Investment Opportunity in the Heart of Midtown Kitchener-Waterloo-Attention investors & developers! This is your chance to secure a rare & exceptional investment package in the heart of Kitchener-Waterloo’s dynamic Midtown. Located just steps from Grand River Hospital, this offering includes 3 income-generating properties—485 Park Street, 491 Park Street, & 61 Mt. Hope. These properties, being sold together as a bundled package, offer unparalleled potential for income generation, development, & long-term growth. Currently occupied by tenants, these properties ensure a steady & reliable stream of rental income. Adding to their revenue potential is a 4th unit, presently utilized for storage, which can be converted into a leasable space for additional income. The zoning designations (I-2 & SGA-2) & local planning regulations allow for increased density & the development of residential units, positioning this package as a prime redevelopment opportunity. Situated in the coveted Midtown area, these properties boast an enviable location offering exceptional connectivity & urban convenience. Just a short walk to Belmont Village & Uptown Waterloo, you’ll find vibrant shopping, charming boutiques, top-tier restaurants, & thriving businesses, including Sun Life. The nearby LRT station ensures effortless commuting & seamless access to the region’s core areas, making this location highly desirable for tenants & future development. Whether you’re looking to expand your investment portfolio, maximize rental income, or capitalize on the redevelopment potential, this package represents a one-of-a-kind opportunity in one of Kitchener-Waterloo’s most sought-after areas. Don’t miss your chance to secure your stake in Kitchener-Waterloo’s flourishing real estate landscape. Contact us today for more details! *The price listed is for this property only-it does not include the cost of the other 2 properties. All 3 properties are being sold together & are not being sold separately* (id:58875)
  • Listing ID: 40679681
  • Property Type: Office
View Additional Photos

Schedule a Tour

Schedule a showing today, it is free, with no obligation. Cancel any time.

Make an Offer
Book a Showing
Get More Information

Talk to a Home Lifestyle Matchmaker

Use our neighbourhood guide to score the perfect match between your lifestyle and home. When ready to buy, we will put you in touch with a REALTOR® who specializes in Kitchener.

Details

  • Amenities Nearby: Hospital, Public Transit, Schools
  • Features: Southern exposure
  • Ownership: Freehold
  • Transaction: For sale
  • Zoning Description: INS-1 & SGA-2

Building

  • BasementType: Full
  • Exterior Finish: Vinyl siding
  • Fireplace Present: False
  • Size Exterior: 2500.0000
  • Size Interior: 2500 sqft
  • Stories Total: 2
  • Utility Water: Municipal water

Land

  • Access Type: Highway access, Rail access
  • Amenities: Hospital, Public Transit, Schools
  • Sewer: Municipal sewage system
  • Size Frontage: 56 ft

REALTOR® MLS®
Listing provided by RE/MAX TWIN CITY REALTY INC., BROKERAGE
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

Powered by REALTOR®
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association.

Request More Information

Want more information or schedule a showing? Let us put you in touch with one of our agents who specializes in .

    Are you under contract with a real estate agent or REALTOR®?
    YesNo

    You've indicated that you are currently working with a REALTOR®. Please be advised that TRESA 2002 and supporting Rules and Regulations, restricts the amount of information that we are able to provide to you as a client of another Brokerage or REALTOR®. Therefore, any further information must be sought directly from your current REALTOR®.

    This property for sale is located at 485 PARK Street in Kitchener. It was last modified on November 21st 2024. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Kitchener properties for sale.

    Terms of Use Agreement

    Terms of Use
    This website is operated by Royal LePage® Triland Realty, a brokerage who is a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Royal LePage® Triland Realty, and CREA.

    Copyright
    The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

    Trademarks
    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

    Liability and Warranty Disclaimer
    The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

    Amendments
    Royal LePage® Triland Realty may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

    AgreeDecline

    Make an Offer

      Are you under contract with a real estate agent or REALTOR®?YesNo

      You've indicated that you are currently working with a REALTOR®. Please be advised that TRESA 2002 and supporting Rules and Regulations, restricts the amount of information that we are able to provide to you as a client of another Brokerage or REALTOR®. Therefore, any further information must be sought directly from your current REALTOR®.

      Your Offer

      Do you want to view this property first?YesNo

      Do you want to waive all conditions?YesNo

      Request an In-house Showing

        Are you under contract with a real estate agent or REALTOR®?YesNo

        You've indicated that you are currently working with a REALTOR®. Please be advised that TRESA 2002 and supporting Rules and Regulations, restricts the amount of information that we are able to provide to you as a client of another Brokerage or REALTOR®. Therefore, any further information must be sought directly from your current REALTOR®.

        Are you a real estate agent or REALTOR®?YesNo

        You've indicated that you are a REALTOR® looking to schedule an appointment. This is not a Royal LePage® Triland Realty property and we cannot schedule showing requests. Please contact the listing agent.

        When are you available?

        Request More Information

          Are you under contract with a real estate agent or REALTOR®?
          YesNo

          You've indicated that you are currently working with a REALTOR®. Please be advised that TRESA 2002 and supporting Rules and Regulations, restricts the amount of information that we are able to provide to you as a client of another Brokerage or REALTOR®. Therefore, any further information must be sought directly from your current REALTOR®.

          Let us find a Property to Match your Lifestyle

            Your Lifestyle Characteristics

            Are you under contract with a real estate agent or REALTOR®?

            YesNo

            You've indicated that you are currently working with a REALTOR®. Please be advised that TRESA 2002 and supporting Rules and Regulations, restricts the amount of information that we are able to provide to you as a client of another Brokerage or REALTOR®. Therefore, any further information must be sought directly from your current REALTOR®.

            Schedule an In-house Tour

              Not already working with a REALTOR®? If you are not working with a real estate agent, you can schedule a private viewing to tour this property with one of our professionals.

              Are you under contract with a real estate agent or REALTOR®?YesNo

              You've indicated that you are currently working with a REALTOR®. Please be advised that TRESA 2002 and supporting Rules and Regulations, restricts the amount of information that we are able to provide to you as a client of another Brokerage or REALTOR®. Therefore, any further information must be sought directly from your current REALTOR®.

              Are you a real estate agent or REALTOR®?YesNo

              You've indicated that you are a REALTOR® looking to schedule an appointment. This is not a Royal LePage® Triland Realty property and we cannot schedule showing requests. Please contact the listing agent.