48 days on Market

162 Erb St, Waterloo, Ontario N2J 1M4

Detached
3 + 2
2
~2251.31 sqft
$•••,•••
$699,000
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Detached
3 + 2
2
~2251.31 sqft

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Highlights

Property Estimate

Days on market48 days

Estimated valueNot available

Price/Sqft$310/sqft

Monthly cost

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Description

Welcome to 162 Erb Street East — a truly unique bungalow in the heart of downtown Waterloo. This versatile property features a separate entrance, with three spacious bedrooms on the main level and two additional bedrooms below, offering excellent flexibility for multi-generational living or income potential. The detached garage comes with zoning that supports multiple uses, opening the door to a variety of opportunities for investors or homeowners alike. With its prime location and adaptable layout, this property is a rare find in one of Waterloo’s most sought-after areas.


Property Details

StyleBungalow
View-
Age of property1959
SqFt~2251.31 SqFt
Lot Size9,439 SqFt(172.92 x 54.59)
Parking Spaces6
MLS ®Number40814636
Community NameCentral
Data SourceITSO
Listing byEngel & Volkers Waterloo Region

Features

Heating: Oil Forced Air
Cooling: Central Air
Basement: Walk-Up Access, Full, Finished

Main Floor

Dining Room

4.09 x 4.19

Bedroom

3.53 x 2.57

Living Room

6.50 x 3.43

Bedroom Primary

3.53 x 3.07


Features

Lot size: 9,439 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Mar 27, 2026
ListedActive
$699,000
48 days on market
history photo preview41
Listing by itso®
Property listed by Engel & Volkers Waterloo Region, Brokerage
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Market Data - Central

Geo Zone Map ThumbnailCentral

Seller's Market

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Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

14 days

Compared to

2025

17 days

2024

25 days

2023

18 days

New Listings

Past 30 days

8 listings

Compared to

2025

8 listings

2024

4 listings

2023

8 listings

Units sold

Past 30 days

6 units

Compared to

2025

7 units

2024

5 units

2023

4 units

Median Sold Price

Past 30 days

$630,000

Compared to

2025

$712,000

2024

$850,000

2023

$908,875


Population and Demographics

Overview

Total population 13995
Average household income $123,262

Age (%)

0 to 19
13%
20 to 34
38%
35 to 49
15%
50 to 64
13%
65 and plus
21%

Household composition (%)

Single person
44%
Single family
43%
Multi person
13%
Multi family
0%

Mother tongue (%)

English
79%
Others
5%
Mandarin
5%
German
2%
Spanish
1%
French
1%
Hindi
1%
Arabic
1%

House tenancy (%)

Renters
64%
Owners
36%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget