114 ERB Street W

Multi-family For Sale in Waterloo, Ontario

$899,000
  • 8 Beds
  • 3 Baths
  • 2,727 Sq. Ft.
  • Built 1904
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:4069)
Address 114 ERB Street W
List Price $899,000
Property Type Multi-family
Type of Dwelling Triplex
Area Ontario
Sub-Area Waterloo
Bedrooms 8
Bathrooms 3
Floor Area 2,727 Sq. Ft.
Year Built 1904
MLS® Number 40644499
Listing Brokerage Royal LePage Wolle Realty
Basement Area Full (Finished)
Postal Code N2L1T5
Zoning RMU-20, C159
Site Influences Place of Worship, Public Transit, Schools, Shopping
Features Southern exposure, Paved driveway, Laundry- Coin operated

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Marcia Grove Realty Team

Keller Williams Innovation Realty, Brokerage

640 Riverbend Drive Kitchener ON N2K 3S2

Mobile: 226.240.3252

Office: 519.570.4447

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