$ 899.000

116 Erb Street W, Waterloo

  • Living area: 2000 square feet
  • Type: Commercial
  • Added: 68 days ago
  • Updated: 12 days ago
  • Last Checked: 14 hours ago
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? (id:1945)
Show More Details and Features

Property DetailsKey information about 116 Erb Street W

  • Stories: 2.5
  • Year Built: 1904
  • Exterior Features: Brick
  • Building Area Total: 2000
  • Foundation Details: Stone

Interior FeaturesDiscover the interior design and amenities

  • Basement: Full
  • Living Area: 2000

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 116 Erb Street W

  • Lot Features: Southern exposure, Paved driveway
  • Water Source: Municipal water
  • Parking Total: 6

Location & CommunityUnderstand the neighborhood and community

  • Directions: Located on the North Side of Erb Street West, between Avondale and Father David Bauer Drive.
  • Common Interest: Freehold
  • Street Dir Suffix: West
  • Subdivision Name: 415 - Uptown Waterloo/Westmount

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system
  • Utilities: Natural Gas, Electricity

Tax & Legal InformationGet tax and legal details applicable to 116 Erb Street W

  • Tax Annual Amount: 9492.46
  • Zoning Description: RMU-20, C159
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MIKE MILOVICK
  • MIKE MILOVICK
  • Royal LePage Wolle Realty
  • 519-578-7300
  • WebSite