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45 Princess St E

2 Unit Apartment Building $582,023 USD ($291,011 USD/Unit) Waterloo, ON N2J 2H6

Investment Highlights

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

Executive Summary

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.

Property Facts

Price $582,023 USD
Price Per Unit $291,011 USD
Sale Type Investment
No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Low Rise
Lot Size 0.10 AC
Building Size 1,444 SF
Average Occupancy 100%
No. Stories 2
Year Built 1906
Parking Ratio 2.77/1,000 SF

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Heating
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Range
  • Wi-Fi
  • Basement
  • Office
  • Porch

Site Amenities

  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 - -
Walk Score ®
Walker's Paradise (97)
Bike Score ®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code Uptown Core One (Flexible zoning allowing for artist studio, business incubator, catering, financial services, medical clinic, office, retail store, tech office +++)
Uptown Core One (Flexible zoning allowing for artist studio, business incubator, catering, financial services, medical clinic, office, retail store, tech office +++)
  • Listing ID: 33563178

  • Date on Market: 10/18/2024

  • Last Updated:

  • Address: 45 Princess St E, Waterloo, ON N2J 2H6

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