114 ERB Street W Active Save Request In-Person Tour Request Virtual Tour
Waterloo,ON N2L1T5
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,727 sqft
Price per Sqft $329
Subdivision 415 - Uptown Waterloo/Westmount
MLS Listing ID 40644499
Bedrooms 8
Originating Board Cornerstone - Waterloo Region
Year Built 1904
Property 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? (id:24570)
Location
Province ON
Interior
Heating Forced air,
Cooling None
Exterior
Garage No
Fence Partially fenced
Community Features Community Centre,School Bus
Waterfront No
View Y/N No
Total Parking Spaces 9
Private Pool No
Building
Story 2.5
Sewer Municipal sewage system
Others
Ownership Freehold