$1,999,800 $10,735 est/mo Sourced by Back At You

110-116 Erb Street W,Waterloo, ON N2L 1T5

Waterloo ON, N2L 1T5

Share with a friend

Description

Compelling Opportunity! Looking for an infill project/redevelopment site? Architectural Schematic report available for proposed 8 stacked townhomes! Or perhaps you seek live-work space with income and parking? Two buildings situated on three parcels in perhaps the most exciting area in Waterloo! This site truly has it all. 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 nightlight, Waterloo Park and Waterloo Rec Centre are quick walks 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. 116 Erb is a mixed use building featuring commercial on main floor and a residential unit above. 110-114 Erb presents as a triplex and was previously rental licensed. Recent site improvements include new parking lot asphalt. Adjacent property owner has built significant retaining wall and has regraded the properties. Next owner can go to market rents immediately and can capitalize on perhaps the The Best Rental Market in Canada while warehousing the site for future development. This is a rare opportunity in the Uptown core. Why settle for a tertiary location when you can own The Best? Opportunity knocks - will you answer?

Details

MLS#40583708
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Days On Site20
Listing Provided ByRoyal LePage Wolle Realty | Mike Milovick

Features

Units2
Building(s)2
ZoningRMU-20, C159
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

Request a showing

Request a showing

Loading Form
Listings Checked: 2 minutes ago
ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2L 1T5
Area4 Waterloo West
Subarea415 Uptown Waterloo | Westmount
Community Name415 Uptown Waterloo/Westmount
Listing VS Median (in 415 Uptown Waterloo/Westmount)
Price:
$1,999,800
low | high
Med:
$589,950
100% of Average
On Site:
20
low | high
Med:
55.000000
36.363636363636% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 7:01:09 PM PDT