114 Erb St W

114 Erb St W
114 Erb St W
114 Erb St W
+37
6+2
 bed
3
 bath
9
 parking
1500 - 2000
 sqft
Triplex
Sold for
$850,000
Listed for
$899,000
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Sold for
$850,000
Listed for
$899,000
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Size
-
Lot size
473.71 sqm
Street frontage
N
Possession
Immediate
Price per sqm
$4,570 - $6,115
Taxes
$6,515.22 (2024)
Parking Type
-
Style
2 1/2 Storey
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Description
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?

EXTRAS:
Broker: ROYAL LEPAGE WOLLE REALTY
MLS®#: X9344339
Property details
Parking:
9
Parking type:
-
Property type:
Triplex
Heating type:
Forced Air
Style:
2 1/2 Storey
MLS Size:
139-186 sqm
Lot front:
15.24 M
Lot depth:
31.39 M
Listed on:
Sep 11, 2024
Show all details
Alex Moggy
Sales Representative
© Property.ca Inc., Brokerage
MLS#: X9344339
Listed by ROYAL LEPAGE WOLLE REALTY

About 114 Erb St W

114 Erb St W is a Waterloo triplex which was for sale right off Barrel Yards and Menno. It was listed at $899000 in September 2024 but is no longer available and has been taken off the market (Sold Conditional).. This triplex has 6+2 beds, 3 bathrooms and is 1500-2000 sqft.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this triplex.

For those residents of 114 Erb St W, Waterloo without a car, you can get around quite easily. The closest transit stop is a Bus Stop (Erb / Avondale) and is only steps away connecting you to Waterloo's public transit service. It also has route Erb nearby.