For Sale

$999,900

114 Erb Street West, Waterloo, ON N2L 1T5

8 Beds

Remarks

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. Thousands recently spent on exterior improvements including new asphalt and retaining wall. Ten, 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?

Inclusions:

None

Property Summary

  • Lot Frontage: 49.70 Feet
  • Lot Depth: 102.6 Feet
  • No. of Parking Spaces: 5
  • Floor Space (approx): 1963 Square Feet
  • Built in: 1904
  • Bedrooms: 8
  • Zoning: RMU-20, C159

Property Features:

  • Basement:
    Walk-Out Access , Full , Finished
  • Cooling:
    None
  • Fencing:
    Fence - Partial
  • Heating:
    Forced Air , Natural Gas
  • Interior Features:
    Accessory Apartment
  • Acres Range:
    < 0.5
  • Driveway Parking:
    Outside/Surface/Open , Private Drive Single Wide
  • Laundry Features:
    Coin Operated , Common Area , In Basement
  • Lot Features:
    Irregular Lot , City Lot , Library , Place of Worship , Public Transit , Rec./Community Centre , School Bus Route , Schools , Shopping Nearby
  • Parking Features:
    Asphalt
  • Roof:
    Asphalt Shing
  • Security Features:
    None
  • Sewer:
    Sewer (Municipal)
  • Water Source:
    Municipal
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