$4,999,900
Waterloo
136 DEARBORN Place, Waterloo, Ontario, N2J4N5
This industrial property in Waterloo is for sale offering roughly 15,180 sq ft of space.
Located on approximately 1.25 acres in a prime North Waterloo location, this freestanding, single-user building is ready for its next chapter. Currently owner-occupied and well-maintained, the property features a bright, airy interior with a functional mix of showroom, office space, mezzanine storage (an additional ±600 sq.ft.), and industrial/manufacturing areas. Zoned E1-27, the building supports a range of versatile uses and includes both a truck-level loading door and a drive-in door. Clear ceiling heights are approximately 14 feet, and the entire facility is fully climate controlled, including air conditioning. A monitored alarm system with surveillance cameras provides added security. The building is positioned on the west side of the lot, allowing for ample on-site parking and leaving room for potential future expansion. Since its purchase in 2013, the property has undergone extensive renovations, including upgrades to the roof, exterior cladding, landscaping, and asphalt paving, along with a thoughtful reconfiguration of the interior office space. With excellent access to Highway 85 and a strategic location, this property presents a compelling opportunity for investors or end-users seeking a flexible and well-equipped building in a sought-after area. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 198 days on market, against an average age of 67 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
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Approximate location — exact address confirmed upon showing
This home lists at $4,999,900, about 67.1× the local median household income of $74,500.
Carrying it typically needs a household income of about $976,655 (20% down, 25-yr amortization, stress-tested) — roughly 1211% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2J)
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