114 Erb Street West, Waterloo | Image 1

114 Erb Street West

Waterloo

  • 6 bed 3 bath 1500 sqft
$899,000 est.*: $3,045/mo
For Sale

Added 2 months ago

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  • Type: Triplex

  • Style: 2 1/2 Storey

  • Size: 1500 sqft

  • Lot Size: 49.7 x 102.6 Feet

  • Age: 100+ years

  • Taxes: $6,515 per year

  • Days on Site: 56 Days

  • Added: Sep 10, 2024 (2 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: X9344339

  • Listed By: Royal lepage wolle realty

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?

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Property

  • Status: Sale

  • Property Type: Triplex

  • Style: 2 1/2 Storey

  • Size (sq ft): 1500

  • Age: 100+

  • Area: Waterloo

  • Availability Date: Immediate

  • Assessment Amount: $512,000

  • Assessment Year: 2024

Inside

  • Bedrooms: 6

  • Bedrooms Plus: 2

  • Bathrooms: 3

  • Kitchens: 2

  • Kitchens Plus: 1

  • Rooms: 14

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Laundry Level: Lower

  • Washrooms: 3

Utilities

  • Electricity: Yes

  • Gas: Yes

  • Cable: Available

  • Telephone: Available

Building

  • Basement: Finished

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Elevator: N

  • UFFI: No

  • Green Verification Status: N

  • Water Supply: Municipal

  • Special Designation: Unknown

  • Retirement: N

Parking

  • Driveway: Private

  • Garage Type: None

  • Total Parking Spaces: 9

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 19 SUBDIVISION OF LT 14 GERMAN COMPANY TRACT CITY OF WATERLOO

  • Taxes: $6,515

Land

  • Cross Street: Barrel Yards/Menno

  • Municipality District: Waterloo

  • Fronting On: North

  • Parcel Number: 223770093

  • Parcel of Tied Land: N

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 102.6 Feet

  • Lot Frontage: 49.7 Feet

  • Acres: < .50

  • Zoning: RMU20, C159

Additional Media

  • Virtual Tour: https://unbranded.youriguide.com/114_erb_st_w_waterloo_on/

Rooms

Room details for 114 Erb Street West, Waterloo

Type Dimensions
Br Main 3.65 x 3.71
Br Main 3.42 x 4.24
Den Main 2.34 x 3.35
Br 2nd 3.43 x 2.86
Br 2nd 3.52 x 2.86
Living 2nd 4.44 x 2.91
Br 3rd 2.70 x 4.53
Br 3rd 4.66 x 4.53
Br Bsmt 3.28 x 3.52
Br Bsmt 2.57 x 3.52
Bathroom Bsmt 2.50 x 1.94
Bathroom Main 1.46 x 3.28
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Very Walkable

  • Most errands can be accomplished on foot.
89 /100

Good Transit

  • Some errands can be accomplished by public transportation.
60 /100

Biker's Paradise

  • Daily errands do not require a car.
97 /100
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Map of 114 Erb Street West, Waterloo
JK-8

Our Lady of Lourdes Catholic Elementary School

Elementary: Catholic
0.45 km
JK-6

Keatsway Public School

Elementary: Public
1.41 km
JK-6

Westmount Public School

Elementary: Public
1.60 km
6-8

MacGregor Public School

Elementary: Public
0.87 km
JK-6

Elizabeth Ziegler Public School

Elementary: Public
1.42 km
JK-6

Empire Public School

Elementary: Public
0.94 km
9-12

St David Catholic Secondary School

Secondary: Catholic
2.34 km
Pre-Grade 9-12

Forest Heights Collegiate Institute

Secondary: Public
4.21 km
Pre-Grade 9-12

Kitchener Waterloo Collegiate and Vocational School

Secondary: Public
1.83 km
Pre-Grade 9-12

Bluevale Collegiate Institute

Secondary: Public
2.70 km
Pre-Grade 9-12

Waterloo Collegiate Institute

Secondary: Public
1.82 km
9-12

Resurrection Catholic Secondary School

Secondary: Catholic
2.83 km

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