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Tony Tompson

Sales Representative
Century 21 Example Inc., Brokerage Independently owned and operated. 7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6 Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184

$899,000
Available - For Sale
Listing ID: X9344339
114 Erb St West , Waterloo, N2L 1T5, Ontario


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?
Price $899,000
Taxes: $6515.22
Assessment: $512000
Assessment Year: 2024
Address: 114 Erb St West , Waterloo, N2L 1T5, Ontario
Lot Size: 49.70 x 102.60 (Feet)
Acreage: < .50
Directions/Cross Streets: Barrel Yards/Menno
Rooms: 14
Rooms +: 7
Bedrooms: 6
Bedrooms +: 2
Kitchens: 2
Kitchens +: 1
Family Room: N
Basement: Finished
Approximatly Age: 100+
Property Type: Triplex
Style: 2 1/2 Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 0
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 1500-2000
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: None
Laundry Level: Lower
Elevator Lift: N
Sewers: Sewers
Water: Municipal
Utilities-Cable: A
Utilities-Hydro: Y
Utilities-Gas: Y
Utilities-Telephone: A
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE WOLLE REALTY
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At a Glance:
Type: Freehold - Triplex
Area: Waterloo
Municipality: Waterloo
Neighbourhood:
Style: 2 1/2 Storey
Lot Size: 49.70 x 102.60(Feet)
Approximate Age: 100+
Tax: $6,515.22
Maintenance Fee: $0
Beds: 6+2
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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