255 Toll Gate Boulevard

Lakeshore/Parkdale, Waterloo, ON N2L 4M3

For Sale · MLS® 40871034 · Cornerstone (ITSO) MLS®
Land
Type

Description

**COMMERCIAL PLAZA WITH Prime Development Opportunity in Waterloo!** Exceptional opportunity to acquire a combined 2.43-acre development site at 575 Glen Forrest Blvd (0.729 acres) and 255 Tollgate Blvd (1.701 acres). 575 GLEN FOREST BLVD- Site plan approval pending- 6 COMMERCIAL UNITS, 36 RESIDENTIAL UNITS, 70 PARKINGS. 255 TOLL GATE BLVD- Proposed plan approved ( contract signing pending with the city) for 15 COMMERCIAL UNITS, 90 RESIDENTIAL UNITS, 159 PARKINGS. Ideally situated near the University of Waterloo and the proposed new hospital, this site offers an exciting opportunity for developers and investors. A rare opportunity to explore mixed-use development in a strategic Waterloo location!

01 / Property recordListing details

Key Facts

MLS® #
40871034
Board
Cornerstone (ITSO) MLS®
Days on market
Tax
$40,000

Listing History

Listing activity for 255 Toll Gate Boulevard, Waterloo, ON

Date StartDate EndList PricePriceEventListing ID
N/AN/A$5,500,000N/AFor Sale40871034

Property Details

Property

Property Type
Land
Style
Land - (Mixed Use)
Community
Lakeshore/Parkdale
Municipality
Waterloo

Utilities

Water
Other

Land

Sewer
Other

Rooms (12)

Room 1

Level not provided

Room 2

Level not provided

Room 3

Level not provided

Room 4

Level not provided

Room 5

Level not provided

Room 6

Level not provided

Room 7

Level not provided

Room 8

Level not provided

Room 9

Level not provided

Room 10

Level not provided

Room 11

Level not provided

Room 12

Level not provided

Location

02 / Plan your numbersTools

Mortgage Tools

Mortgage calculator

20%

Monthly Payment

$25,212

  • Down payment$1,100,000
  • Mortgage amount$4,400,000
  • Total interest$3,163,600
  • Total cost$8,663,600

Cash flow analysis

$25,212

Total monthly payment

$28,545

Break-even down payment

100%

Cash flow-$28,545
03 / Community profileNeighbourhood demographics

Expand Neighbourhood demographics to load Statistics Canada census charts.

$5,500,000

$5,500,000

CAD

Estimate unavailable

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