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  • 59 N Regina Street in Waterloo: 118 - Colonial Acres/East Bridge Mixed for sale (1 - Waterloo East) : MLS®# 40777416

    59 N Regina Street 118 - Colonial Acres/East Bridge Waterloo N2J 3A6
    Main Photo: 59 N Regina Street in Waterloo: 118 - Colonial Acres/East Bridge Mixed for sale (1 - Waterloo East)  : MLS®# 40777416
    $1,500,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    40777416
    Floor Area:
    4,040 sq. ft.
    Zoned U1-40(12 storeys) ~~~ This 3-unit mixed-use property has a lot to offer the pure investor or owner occupier! With over 1480 square feet of main-floor commercial space, the zoning permits financial institution, medical office, personal services, restaurant and cafe, retail store, tech office, vet clinic, art studio, business incubator, and so much more! With corner-lot exposure, ample parking spaces, and a location in the heart of Uptown Waterloo, the stage is set for a new business to operate where this Seller's business thrived for over 35 years. Find 3-bedroom and 1- bedroom apartments on the upper floors, each with separate hydro meters, which can help to make this a great investment. Forecasted modest rents and actual expenses show a projected net operating income of $64,880 making this a favourable investment in the short-term while holding and planning for highest-and-best-use. Just a few blocks from WLU, UW, Conestoga College, Light-Rail Transit, and Waterloo Park, this presents a great opportunity for attracting residential tenants and commercial clients in a neighbourhood that is enjoyable to be in. Projected revenue of $88k and NOI of $64k. Explore the possibilities for a great investment, today! More details
    Listed by Royal LePage Wolle Realty
    Charlotte Ferguson
    Nathan Steffler
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Data was last updated January 20, 2026 at 05:50 AM (UTC)