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Home ON Kitchener - Cambridge - Waterloo Waterloo Central
110-116 ERB Street W
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110-116 ERB Street W $1,999,800
$1,999,800
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110-116 ERB Street W
Waterloo, Ontario N2L1T5

MLS® Number: 40583708

Listing Description

Compelling Opportunity! Looking for an infill project/redevelopment site? Architectural Schematic report available for proposed 8 stacked townhomes! Or perhaps you seek live-work space with income and parking? Two buildings situated on three parcels in perhaps the most exciting area in Waterloo! This site truly has it all. Situated steps to Waterloo Park's LRT station (about 100 meters) and in front of the Barrel Works Development, this is THE most intriguing site in Waterloo on the market. Uptown Waterloo, with its shops and nightlight, Waterloo Park and Waterloo Rec Centre are quick walks away. Both universities are accessible by LRT - just a stop away! CIGI across the street. Perimeter Institute and Clay and Glass museum around the corner. 116 Erb is a mixed use building featuring commercial on main floor and a residential unit above. 110-114 Erb presents as a triplex and was previously rental licensed. Recent site improvements include new parking lot asphalt. Adjacent property owner has built significant retaining wall and has regraded the properties. Next owner can go to market rents immediately and can capitalize on perhaps the The Best Rental Market in Canada while warehousing the site for future development. This is a rare opportunity in the Uptown core. Why settle for a tertiary location when you can own The Best? Opportunity knocks - will you answer? (67459001)

Location Description

Located on the North Side of Erb Street, between Avondale and Father David Bauer Drive.

Property Summary

Property Type
Vacant Land
Subdivision Name
415 - Uptown Waterloo/Westmount
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$0
Time on REALTOR.ca
52 days

Building

Interior Features
Basement Type
None
Building Features
Features
Southern exposure
Total Units
2
Utilities
Utility Type
Cable (Available), Electricity (Available), Natural Gas (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Public Transit, Schools

Land

Lot Features
Fencing
Partially fenced
Frontage
125 ft
Land Depth
103 ft
Other Property Information
Zoning Description
RMU-20, C159
Data provided by: Waterloo Region Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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