Home with brick exterior material, street for 276 Erb St, Waterloo Ontario N2J 1N7
2 days on Market

276 Erb St, Waterloo, Ontario N2J 1N7

Townhouse
-
2
~2000 sqft
$875,000
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Townhouse
-
2
~2000 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$437/sqft

Monthly cost

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CMA Subject Property

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+2

Properties sold*

$530K

Median sold price*

*Based on last 30 days

Description

Location, Location, Location !!!! Rare find Waterloo Legal Duplex, Vacant possession. Potential $3600 per Month Rent. $60,000+ Gross Annual Income scheduled to Waterloo, 2026 with a nice ability to build on to the current revenue stream! This strategically located property is close driving distance to both University of Waterloo (UW) and Wilfrid Laurier University (WLU) and 55,000 students. The current layout of the dwelling consists of two separate, City approved. Property shows sharp - recent improvements include fresh paint. . Spacious bedrooms. Turn key operation. This property checks all the boxes for a variety of buyers: first-time homeowners looking for a mortgage helper, multi-generational family looking to be housed under one roof, university or tech employees who want to live close to work, parents searching for a prime location for their university-bound children, or investors seeking a strong rental opportunity in one of Ontario's most desirable markets. Flexible closing! Don't miss out on this incredible opportunity to schedule a private showing today! City approved extended parking lot. Easy access to Highway. Use your own rent on both Units. Ready to moved in.


Property Details

StyleResidential Income
View-
Age of property-
SqFt~2000 SqFt
Lot Size8,771 SqFt(145.06 x 60.47)
Parking Spaces7
MLS ®Number40775971
Community NameWillowdale
Data SourceITSO
Listing byPEAK REALTY LTD.

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Separate Entrance, Full, Finished

Features

Lot size: 8,771 SqFt
Sewer (Municipal)

Parking

Garage spaces 1

Garage type -

Other parking spaces 6

Total parking spaces 7


Property History

Oct 6, 2025
ListedActive
$875,000
2 days on market
history photo preview36
Listing by itso®

Market Data - Willowdale

Geo Zone Map ThumbnailWillowdale

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

60 days

Compared to

2024

22 days

2023

9 days

2022

0 day

New Listings

Past 30 days

7 listings

Compared to

2024

3 listings

2023

1 listing

2022

2 listings

Units sold

Past 30 days

3 units

Compared to

2024

2 units

2023

1 unit

2022

0 unit

Median Sold Price

Past 30 days

$440,000

Compared to

2024

$530,000

2023

$482,500


Population and Demographics

Overview

Total population 6301
Average household income $119,515

Age (%)

0 to 19
19%
20 to 34
27%
35 to 49
18%
50 to 64
18%
65 and plus
19%

Household composition (%)

Single family
60%
Single person
32%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
86%
Others
5%
German
2%
Spanish
2%
Mandarin
2%
Arabic
2%

House tenancy (%)

Owners
66%
Renters
34%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget