$999,900 $5,368 est/mo Sourced by Back At You

114 Erb Street W,Waterloo, ON N2L 1T5

Waterloo ON, N2L 1T5

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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. 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?

Details

MLS#40584318
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1904
Days On Site20
Listing Provided ByRoyal LePage Wolle Realty | Mike Milovick

Features

Bed(s)8
Bath(s)3
SQ Feet1,963
BasementY
Story(s)2
Units3
ZoningRMU-20, C159
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 2 minutes ago
ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2L 1T5
Area4 Waterloo West
Subarea415 Uptown Waterloo | Westmount
Community Name415 Uptown Waterloo/Westmount
Listing VS Median (in 415 Uptown Waterloo/Westmount)
Price:
$999,900
low | high
Med:
$650,000
84.993499349935% of Average
SqFt:
1,963
low | high
Med:
1,200
88.869077941926% of Average
$ / SqFt:
$509
low | high
Med:
$542
43.660199353269% of Average
On Site:
20
low | high
Med:
14
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 7:58:10 PM PDT