114 Erb St, Waterloo, Ontario N2L 1T5
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.$1,192,000*
Price/Sqft$554/sqft
Days On Market64 days
Est. Mortgage$4,080/mth
Tax Amount (2023)$6,165/yr
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?
Property Details
Interior
Features
Main Floor
Br
3.71 x 3.65Br
4.24 x 3.42Den
3.35 x 2.34Bathroom
3.28 x 1.463 Pc Bath
Exterior
Features
Parking
Garage spaces -
Garage type -
Other parking spaces 9
Total parking spaces 9
Property History
![history photo preview](https://cdn.wahi.com/listings/images/trreb/IMG-X8363900_1-256.webp)
![history photo preview](https://cdn.wahi.com/listings/images/itso/IMG-40584318_1-256.webp)
![history photo preview](https://cdn.wahi.com/listings/images/itso/IMG-40524481_1-256.webp)
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