116 Erb St W

Waterloo | | N2L 1T5
  • 2034.0 sqft
  • 0 gar

Ask: $925,000 $899,000

Est. Mtg $3,048 /mo
  • Days on market

    72

  • Status

    A

Listing Broker ROYAL LEPAGE WOLLE REALTY
Since listed: 1 views

Home details

MLS #:

X9344341

Property type:
Office
Style:
Taxes:
$9,493
Possession:
Immediate
Condo Fee:
Lot Size:
50.08 X 100.05
Zoning:
RMU-20, C159
Use:
Professional Office
Heat:
Gas Forced Air Closd

Description


116 Erb St W, , Waterloo, Ontario is a Office property in Waterloo and in the community in the N2L 1T5 postal code


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 four a 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, this IS the most intriguing site in Waterloo on the market. Uptown Waterloo, with its shops and night life, Waterloo Park and Waterloo Rec Centre are a quick walk away. Both universities are accessible by LRT - just a stop away! CIGI across the street. Perimeter Institute and Clay and Glass museum around the corner. Superior, high profile location. Big Time Opportunities like this are Rare. Do you have the vision to maximize this site?.

Extras

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Payment calculator

$3839 monthly. In association with: TD Bank
%
  • Principal and Interest
    3048 /mo
  • Property Taxes
    $791 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Amadore Zhao, Realtor

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