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114 ERB Street W
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114 ERB Street W $899,000
$899,000
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114 ERB Street W
Waterloo, Ontario N2L1T5

MLS® Number: 40644499
9
Bedrooms
3
Bathrooms
2727
Square Feet

Listing Description

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. Nine, 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? (68041752)

Location Description

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

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2.5
Square Footage
2727 sqft
Subdivision Name
415 - Uptown Waterloo/Westmount
Title
Freehold
Land Size
under 1/2 acre
Built in
1904
Annual Property Taxes
$6,165.38
Total Parking Spaces
9
Time on REALTOR.ca
73 days

Building

Bathrooms
Total
3
Interior Features
Basement Type
Full (Finished)
Building Features
Features
Southern exposure, Paved driveway, Laundry- Coin operated
Foundation Type
Stone
Total Units
3
Heating & Cooling
Cooling
None
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Community Centre, School Bus
Amenities Nearby
Place of Worship, Public Transit, Schools, Shopping
Parking
Total Parking Spaces
9

Measurements

Square Footage
2727 sqft
Above Grade Finished
1963 sqft
Source: Other
Below Grade Finished
764 sqft
Source: Other

Land

Lot Features
Fencing
Partially fenced
Frontage
50 ft
Land Depth
103 ft
Other Property Information
Zoning Description
RMU-20, C159
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
519-578-7300
519-742-9904
REALTOR® Website
Email
Book showing
Royal LePage Wolle Realty
71 Weber Street E., Unit B
Kitchener, Ontario N2H1C6
519-578-7300
519-742-9904
Office Website
JENNIFER SHINGLER
Salesperson
519-747-2040
519-747-2081
REALTOR® Website
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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