Welcome to 1221 Lobsinger Line, an outstanding mixed-use property in the thriving community of Waterloo, offering a unique combination of commercial and residential opportunities. The main house provides a cozy living space with a thoughtfully designed first floor that includes a 4-piece bathroom, dining room, fully equipped kitchen, laundry room, living room, and ample storage, while the second floor features two comfortable bedrooms and a 3-piece bathroom, making it ideal for families or tenants. Additionally, the house can be used as a short-term rental or bed and breakfast, offering a fantastic opportunity for supplemental income or a unique business venture. Adjacent to the house, the property boasts a substantial commercial space, perfect for a retail business or restaurant. The commercial area includes a spacious room, ideal for dining or product displays, alongside a well-equipped fridge area and utility rooms for added convenience and operational efficiency. Additional rooms on the main floor offer flexible spaces for storage or small office setups, making the property highly versatile for various business ventures. The second floor of the commercial building complements the business aspect with a cozy residential setup that includes two bright bedrooms, a comfortable living room, a functional kitchen, and a full bathroom, providing a seamless blend of work and home life for owner-occupants or tenants. Situated in a prime location with excellent foot traffic and community engagement, this property offers an exceptional opportunity to invest or establish your dream business while enjoying the comforts of a residential space, making 1221 Lobsinger Line a rare and valuable find in the Waterloo region.