Property Description

Live-work space in the most exciting area in Waterloo near all the locales that make Waterloo Great! 900 square feet of main floor office space plus a four bedroom, upper level apartment. Additional space in finished basement. Thousands recently spent on exterior improvements including new asphalt and retaining wall. Six lined, parking spots at this location. Parking is scarce in Uptown. Additional parking spots can be rented to Barrelworks tenants or Seagram Loft residents. Due to proximity to all amenities, AIRBNB of the upper unit could also be a very lucrative option. From a traditional rental perspective, next owner can go to market rents immediately and profit from perhaps one of the best rental market in Canada. Combining 116 Erb with 114 Erb Street (triplex) makes the site even more compelling and may unlock development opportunity. Situated steps to Waterloo Park’s LRT station (about 100 meters) and in front of the Barrel Works Development. Enviable, AAA location.

Features
: Gas Forced Air Closd
: N
: Y
Address Map
CA
Ontario
Waterloo
N2L 1T5
Erb
116
0
W81° 28' 14.5''
N43° 27' 46.2''
More info
ROYAL LEPAGE WOLLE REALTY
71
2023-12-15 22:36:12.0
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Investment For Sale

116 Erb St, Waterloo, Ontario N2L 1T5

  • Area: 2,000 Sqft
  • Visits : 32 in 269 days
$999,900
Listing ID#X7250392
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Basic Details
Property Type : Investment
Listing Type : For Sale
Listing ID : X7250392
Price : $999,900
Area : 2,000 Sqft
Year Built : 0
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Firas Al-Rifay
Ontario Real Estate @JDF Realty.LTD Brokerage
Ontario Real Estate @JDF Realty.LTD Brokerage
999 Edgeley Blvd. Units 5-6 Vaughan, Ontario, Canada L4K 4R7
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