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114 ERB Street W
Waterloo Ontario , N2L1T5 , Canada
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$999,900.00
MLS® 40584318
Investment
Lot Frontage: 50.0 Feet
Lot Depth: 103.0 Feet
No. of Parking Spaces: 9
Floor Space (approx): 2727.00
Built in: 1904
Total Bedrooms: 8
Total Bathrooms: 3
Zoning: RMU-20, C159
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. 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? (id:7526)

Property Features:
  • Amenities Nearby: Public Transit , Schools , Shopping
  • Community Features: Community Centre , School Bus
  • Features: Southern exposure , Paved driveway , Laundry- Coin operated
  • Fence Type: Partially fenced
  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Sewer: Municipal sewage system
Building Features:
  • Basement Development: Finished
  • Basement Type: Full
  • Building Type: Triplex
  • Cooling Type: None
  • Exterior Finish: Brick
  • Fire Protection: None
  • Foundation Type: Stone
  • Heating Fuel: Natural gas
  • Heating Type: Forced air

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

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