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Last Updated : 1 Day ago
116 Erb Street W, Waterloo, ON,
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116 Erb Street W, Waterloo MLS Number: 40644515

Waterloo, ON, N2L 1T5

$899,000

Price drop by $26,000

Status: For Sale

  • 12+ Beds
  • Area : 2000 sqft
  • Property Type: Commercial Sale (Mixed,Building and Land)
  • Property Taxes : $9492.46 (Tax Year:2024)
  • Listing Courtesy : Royal Lepage Wolle Realty

116 Erb Street W 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 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?

116 Erb Street W Property Facts

Property Type :Commercial Sale
MLS Number :40644515
Listing Type :Sale
Property Age :100+ Years years
Possession Date :
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Last Updated :06 Nov, 2024 (1 Day ago)
Source :Waterloo Region
Area :Waterloo
City :Waterloo
Area Major :4 - Waterloo West
Area Minor :415 - Uptown Waterloo/Westmount
Postal Code : N2L 1T5
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Directions :Located on the North Side of Erb Street West, between Avondale and Father David Bauer Drive.

116 Erb Street W Property Price & Tax Insights

Price : $899,000
Property Taxes :$9492.46
Tax Year :2024

116 Erb Street W, Waterloo Property Details

Bedrooms :12 +
Place of Worship :No
Cross Street :AVONDALE/ERB, FATHER DAVID BAUER/ERB
Approx Square Footage :2000 sqft
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Exterior Information

Parking Space :6
Basement :Full

116 Erb Street W, Waterloo - Price History

2024-10

02 Oct, 2024

TREB #40644515

Price Change

$899000

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116 Erb Street W - Location Map and Landmarks

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FAQs: 116 Erb Street W, Waterloo

  • Q:What is the Area Size of the 116 Erb Street W In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately 2000 sq. ft and is strategically located in Waterloo. The MLS No of this project is 40644515 and the Project is located in ON, Canada
  • Q: Does this Project 116 Erb Street W available for Sale ?

    A: The project 116 Erb Street W is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 116 Erb Street W is Offering?

    A:Square Yards is giving a Cashback of $4,495 if you buy this property from us, however there are several key features offered by the 116 Erb Street W. You get 12+ Beds with Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Parking Space available in this 116 Erb Street W?

    A: 116 Erb Street W in Waterloo offers a total of 6 parking spaces for residents.
  • Q:How many Beds & Baths available in 116 Erb Street W, Waterloo?

    A: 116 Erb Street W, Waterloo comes with 12+ Beds for maximum convenience and space. There are baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Waterloo, On?

    A:Waterloo, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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