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92 ERB Street E
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92 ERB Street E $2,800,000
$2,800,000
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92 ERB Street E
Waterloo, Ontario N2L1L9

MLS® Number: 40631655

Listing Description

ATTENTION INVESTORS & DEVELOPERS – ALMOST ½ ACRE (0.482 ac) NEAR UPTOWN WATERLOO... THE PRESENT... An exceptionally finished office with 3,094 sq feet of total space on the main floor, lower level, basement and attic. Plenty of storage in the finished basement with a beautiful 4 bedroom residence upstairs. Oversee your business directly from home. With parking for approx. 25+ cars, there is ample parking for your Customers and Employees. Even a park-like side yard area perfect for Company BBQ Events outside. Current C4-20 Zoning outlines potential for redevelopment to a six-storey apartment building. THE FUTURE... The City of Waterloo has indicated that the site will have the zoning re-designated ‘Medium Rise Residential’ through the OP Review process. The Seller is told this process is underway awaiting consultation with GRCA re: Uptown Waterloo’s Special Policy Area which crosses the back of the property. Further, this property is included in The City of Waterloo’s new and upcoming “Community Planning Permit System” A proposed smoother permit process. (67905785)

Location Description

From Uptown Waterloo go East on Erb St (one way) to just past Tweed St.

Property Summary

Property Type
Vacant Land
Subdivision Name
114 - Uptown Waterloo/North Ward
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$26,740.27
Time on REALTOR.ca
88 days

Building

Interior Features
Basement Type
None
Building Features
Features
Southern exposure
Total Units
0
Utilities
Utility Type
Cable (Available), Electricity (Available), Natural Gas (Available), Telephone (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Hospital, Public Transit, Schools

Land

Lot Features
Frontage
106 ft
Land Depth
193 ft
Other Property Information
Access
Highway access
Zoning Description
C4-20
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
JIM O'KANE
Salesperson
519-588-5466
519-747-2081
Email
Book showing
Royal LePage Wolle Realty
180 Northfield Drive W., Unit 7A
Waterloo, Ontario N2L0C7
519-747-2040
519-747-2081
Office Website

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JIM O'KANE