114 ERB Street W Waterloo

114 ERB Street W, Waterloo, Ontario

$999,900

  • 8 Beds
  • 3 Baths
  • 2,727 Square Feet

This is an extremely well-situated triplex with proximity to all the locales that make Waterloo great: situated steps to Waterloo Park's LRT station, in front of the Barrel Works Development and a quick walk to night life, cafes, Waterloo Park and Waterloo Rec Centre. CIGI across the street. Perimeter Institute and Clay and Glass museum around the corner. Interior updates include vinyl plank flooring. Thousands recently spent on exterior improvements including new asphalt and retaining wall. Ten, lined, parking spots. Additional parking spots can be rented to Barrelworks tenants or Seagram Loft residents. Due to proximity to all amenities, AIRBNB could also be a very lucrative option. From a traditional rental perspective, next owner can go to market rents immediately and capitalize on perhaps the The Best Rental Market in Canada. This could also be a rare opportunity to live in Uptown with the possibility of enjoying mortgage helper income from two other units! Note 116 Erb Street West, also available, can be added to your purchase for a mixed use application: office main unit, four bedroom residential on upper levels. Combining 116 Erb (mixed office/residential) with 114 Erb Street makes the site even more compelling and may unlock development opportunity. Why settle for a tertiary location when you can own The Best? Opportunity knocks - will you answer? (id:23309)

  • Listing ID: 40584318
  • Property Type: Multi-family
  • Year Built: 1904

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Details

  • Amenities Nearby: Place of Worship, Public Transit, Schools, Shopping
  • Community Features: Community Centre, School Bus
  • Features: Southern exposure, Paved driveway, Laundry- Coin operated
  • Ownership: Freehold
  • Parking Spaces: 9
  • Transaction: For sale
  • Zoning Description: RMU-20, C159

Building

  • BasementType: Full (Finished)
  • Basement Development: Finished
  • Constructed Date: 1904
  • Cooling: None
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Fire Protection: None
  • Foundation: Stone
  • Bathrooms (Total): 3
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2727 sqft
  • Stories Total: 2.5
  • Type: Triplex
  • Utility Water: Municipal water

Land

  • Amenities: Place of Worship, Public Transit, Schools, Shopping
  • Fence: Partially fenced
  • Sewer: Municipal sewage system
  • Size Frontage: 50 ft
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Listing provided by Royal LePage Wolle Realty
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 114 ERB Street W in Waterloo Ontario, was last modified on May 10th, 2024. Contact Sabrina Essery to schedule a viewing or to find other properties for sale in Waterloo.

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