Property 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. Nine, 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?

Features
: Forced Air
: None
: N
: Finished
Address Map
CA
Ontario
Waterloo
N2L 1T5
Erb
114
0
W81° 28' 15''
N43° 27' 46.5''
More info
ROYAL LEPAGE WOLLE REALTY
103
2024-08-20 19:02:48.0
2024-05-23 07:21:16.0
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Triplex For Sale

114 Erb St, Waterloo, Ontario N2L 1T5

  • Visits : 8 in 232 days
$950,000
Listing ID#X8363900
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Basic Details
Property Type : Triplex
Listing Type : For Sale
Listing ID : X8363900
Price : $950,000
Year Built : 0
Acres : < .50
Lot Size : 102.60 x 49.70 Feet
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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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