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:47423)
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Detailed Information
Bedrooms
8
Bathrooms
3
Lot
50 x 103 ft
Amenities Nearby
Place of Worship, Public Transit, Schools, Shopping
Located on the North Side of Erb Street, between Avondale and Father David Bauer Drive.
Ownership Type
Freehold
# of Parking Spaces
9
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
RMU-20, C159
Building
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1904
Cooling Type
None
Exterior Finish
Brick
Foundation Type
Stone
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2.5
Type
Triplex
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Amenities
Place of Worship, Public Transit, Schools, Shopping
Fence Type
Partially fenced
Sewer
Municipal sewage system
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