8 Days on Market

114 Erb St, Waterloo, Ontario N2L 1T5

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~2727 sqft

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Estimated Value$1,063,000*


Days On Market8 days

Est. Mortgage$4,294/mth

Tax Amount (2023)$6,165/yr

*Last updated on: 24/05/12


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?

Property Details

StyleResidential Income
Age of property1904
SqFt~2727 SqFt
Lot Size5,099 SqFt(102.6 x 49.7)
Parking Spaces9
MLS ®Number40584318
Community NameCentral
Board NameITSO


Heating: Forced Air, Natural Gas
Basement: Walk-Out Access, Full, Finished


Lot size: 5,099 SqFt
Sewer (Municipal)


Garage spaces -

Garage type -

Total parking spaces 9

Property History

Listed for$999,900
8 days on market
history photo preview50
Feb 20, 2024
Sold for$•••,•••Listed for$999,900
50 days on market
history photo preview40
Listed for$999,900Expired
— days on market
history photo preview49
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Property listed by Royal LePage Wolle Realty, Brokerage

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