$ 899.000

114 Erb Street W, Waterloo

  • Bedrooms: 9
  • Bathrooms: 3
  • Living area: 2727 square feet
  • Type: Townhouse
  • Added: 72 days ago
  • Updated: 16 days ago
  • Last Checked: 15 hours ago
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? (id:1945)
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Property DetailsKey information about 114 Erb Street W

  • Cooling: None
  • Heating: Forced air, Natural gas
  • Stories: 2.5
  • Year Built: 1904
  • Structure Type: Triplex
  • Exterior Features: Brick
  • Foundation Details: Stone

Interior FeaturesDiscover the interior design and amenities

  • Basement: Finished, Full
  • Living Area: 2727
  • Bedrooms Total: 9
  • Above Grade Finished Area: 1963
  • Below Grade Finished Area: 764
  • Above Grade Finished Area Units: square feet
  • Below Grade Finished Area Units: square feet
  • Above Grade Finished Area Source: Other
  • Below Grade Finished Area Source: Other

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 114 Erb Street W

  • Lot Features: Southern exposure, Paved driveway, Laundry- Coin operated
  • Water Source: Municipal water
  • Parking Total: 9

Location & CommunityUnderstand the neighborhood and community

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

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system

Tax & Legal InformationGet tax and legal details applicable to 114 Erb Street W

  • Tax Annual Amount: 6165.38
  • Zoning Description: RMU-20, C159

Additional FeaturesExplore extra features and benefits

  • Number Of Units Total: 3
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members of The Canadian Real Estate Association

Nearby Listings Stat

Active listings
34
Min Price
$429,900
Max Price
$1,399,000
Avg Price
$798,279
Days on Market
37 days
Sold listings
12
Min Sold Price
$499,000
Max Sold Price
$1,264,900
Avg Sold Price
$810,873
Days until Sold
49 days

Nearby Places

Name
Type
Address
Distance
Perimeter Institute for Theoretical Physics
The Institute's founding and major benefactor is C...
0.3 km
Perimeter Institute for Theoretical Physics
School
31 Caroline St N
0.3 km
Waterloo Memorial Arena
The arena's roof was deemed structurally unsafe in...
0.3 km
Waterloo Memorial Recreation Complex
Stadium
101 Father David Bauer Dr
0.3 km
Waterloo Memorial Recreation Complex
The complex contains the Sunlife Arena, a 4,132-se...
0.3 km
Canadian Clay and Glass Gallery
Canada has a long history of silica based arts...
0.3 km
Balsillie School of International Affairs
The BSIA is housed in the north and west wings of ...
0.3 km
The Canadian Clay and Glass Gallery
Store
25 Caroline St N
0.3 km
Huether Hotel
It remains an architectural feature and gathering ...
0.7 km
Huether Hotel
Restaurant
59 King St N
0.7 km
University Stadium (Waterloo, Ontario)
The track is closed to the public...
0.8 km
The Bauer Kitchen
Restaurant
187 King St S #102
0.9 km
Additional Information about 114 Erb Street W

This Townhouse at 114 Erb Street W Waterloo, ON with MLS Number 40644499 which includes 9 beds, 3 baths and approximately 2727 sq.ft. of living area listed on Waterloo market by MIKE MILOVICK - Royal LePage Wolle Realty at $899,000 72 days ago.

We have found 6 Townhomes that closely match the specifications of the property located at 114 Erb Street W with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 568,900 and 749,900.

The current price of the property is $899,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 20% down payment, the total amount borrowed would be $719,200. This would result in a monthly mortgage payment of $4,204 over a 25-year amortization period.

More Details?
MIKE MILOVICK
  • MIKE MILOVICK
  • Royal LePage Wolle Realty
  • 519-578-7300
  • WebSite