42
580 Waterloo Street E
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$1,179,000 Sale
Listed 13 hours ago
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Listing History
Buy/Sell/Terminated/Expired listing history for 580 Waterloo Street E
Key Facts
Key facts for 580 Waterloo Street E
Property Type
Commercial
Parking
Outside/Surface
MLS #
X12350659
Size
-
Basement
-
Listed on
2025-08-18
Lot size
53 x 131.0
Tax
$13,772 /yr
Days on Market
1
Approximate Age
-
Maintenance Fee
-
Description
Fantastic opportunity for investors or business office with income to cover expenses. Welcome to 580 Waterloo St., a freestanding, mixed use 2 storey building, with many updates and improvements. The main and upper floors comprising of 2275 Sq Ft of office space, and 2 residential units in the basem...ent. The upper office tenant is currently leased until May 31, 2026 and main floor office tenants are vacating December 31, 2025. An ideal situation for an investor to occupy main floor level or pick you own tenant and lease. Current financial information is based on present income and potential market rents. Office tenants pays electricity, gas and water. Residential tenants rent includes $95 toward heat, electricity and water. Some of the updates include furnaces, central airs and water heaters. Replaced rear porch. Renovated front porch. Replaced commercial outside doors (front & rear). Outside lighting, brick repointing and replacement as needed. Replaced rear eaves and downspouts. Update one basement res unit when after tenant vacated.
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Courtesy of: PRIME REAL ESTATE BROKERAGE