392 Erb Street West, Waterloo | Image 1

392 Erb Street West

Waterloo

  • - bed - bath - sqft
$X,XXX,XXX Listed: $X,XXX,XXX
Sold

Sold on Aug 15, 2021

Note: Property is not currently for sale or for rent.

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  • Type: Fourplex

  • Style: 2-Storey

  • Size: 3000 sqft

  • Lot Size: 60 x 190 Feet

  • Age: 51-99 years

  • Taxes: $8,004 per year

  • Days on Site: 62 Days

  • Added: Jun 14, 2021 (2 months on market)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: X5273371

  • Listed By: Re/max aboutowne realty corp., brokerage

Fully Leased & Reno'd 4-Plex In Desirable Waterloo. Close Proximity To The Universities, Highway Access And Dt Waterloo. Features Two 5 Bed Units, One 4 Bed Unit, And A Bachelor. Current Gross Monthly Rental Revenue Of $8,550 Results In Projected Annual Noi Of $77K And Is Priced At An Approximate 4.7% Cap Rate. Current Owner Invested In A New Roof, Attic Insulation, All Windows & Doors, Parking Lot Extension, Sub-Metering, Fire & Life Safety Systems.

Extras

The Owners Also Made Substantial Renos To Each Suite With High-End Finishes Throughout, Including New Kitchens (Cabinets, Undermount Sinks, Hard-Surface Countertops, S/S Appliances, New Bathrooms, In-Suite Laundry And Flooring Throughout.

Status

  • Days on Market: 62

  • Last Status: Sold

  • Sold Date: Aug 15, 2021

  • Closed Date: Nov 30, 2021

  • Expiry Date: Aug 31, 2021

  • Sold Price: $1,650,000

  • Unavailable Date: Aug 15, 2021

  • Input Date: Jun 14, 2021

Property

  • Status: Sale

  • Property Type: Fourplex

  • Style: 2-Storey

  • Size (sq ft): 3000

  • Age: 51-99

  • Area: Waterloo

  • Availability Date: Flexible

  • Assessment Amount: $742,000

  • Assessment Year: 2020

Inside

  • Bedrooms: 9

  • Bedrooms Plus: 5

  • Bathrooms: 5

  • Kitchens: 3

  • Kitchens Plus: 1

  • Rooms: 16

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 5

Building

  • Basement: Finished

  • Basement 2: Full

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Exterior: Stucco/Plaster

  • Water Supply: Municipal

  • Special Designation: Other

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 8

  • Total Parking Spaces: 8

Fees

  • Tax Year: 2020

  • Tax Legal Description: Pt Lt 18 Pl 696 City Of Waterloo As In 305968; Wat

  • Taxes: $8,004

Highlights

  • Feature: Golf

  • Feature: Library

  • Feature: Public Transit

  • Feature: Rec Centre

  • Feature: School

  • Feature: School Bus Route

Land

  • Cross Street: Erb St. W & Fischer-

  • Municipality District: Waterloo

  • Fronting On: North

  • Parcel Number: 223930128

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 190 Feet

  • Lot Frontage: 60 Feet

  • Zoning: Mr-6

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Map of 392 Erb Street West, Waterloo
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