Live-work space in the most exciting area in Waterloo near all the locales that make Waterloo Great! 900 square feet of main floor office space plus four a bedroom, upper level apartment. Additional space in finished basement. Thousands recently spent on exterior improvements including new asphalt and retaining wall. Six lined, parking spots at this location. Parking is scarce in Uptown. Additional parking spots can be rented to Barrelworks tenants or Seagram Loft residents. Due to proximity to all amenities, AIRBNB of the upper unit could also be a very lucrative option. From a traditional rental perspective, next owner can go to market rents immediately and profit from perhaps one of the best rental market in Canada. Combining 116 Erb with 114 Erb Street (triplex) makes the site even more compelling and may unlock development opportunity. Situated steps to Waterloo Park's LRT station (about 100 meters) and in front of the Barrel Works Development, this IS the most intriguing site in Waterloo on the market. Uptown Waterloo, with its shops and night life, Waterloo Park and Waterloo Rec Centre are a quick walk away. Both universities are accessible by LRT - just a stop away! CIGI across the street. Perimeter Institute and Clay and Glass museum around the corner. Superior, high profile location. Big Time Opportunities like this are Rare. Do you have the vision to maximize this site?
LT 18 SUBDIVISION OF LT 14 GERMAN COMPANY TRACT CITY OF WATERLOO EXCEPT PT 7, EXPROP PL 439; S/T 1478619; WATERLOO
Occupancy
Vacant
Possession Date
Immediate
Taxes (2024)
$9,492.76
Tax Type
Annual
Assessment (2024)
$435,000
Directions/Cross Streets
AVONDALE/ERB, FATHER DAVID BAUER/ERB
Area
Waterloo
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Lot
50.08 x 100.05 ft
Office/Apt Area
889 ft2
Total Area
2,034 ft2
Approximate Age
100+
Elevator
None
Air Conditioning
N
Garage Type
None
Heat Type
Gas Forced Air Closd
Area Influences
Public Transit, Rec Centre
Sprinklers
N
Sewers
Sanitary
Utilities
Y
Water
Municipal
Survey
Y
Lot/Bldg/Unit Code
Lot
Zoning
RMU-20, C159
Seller Property Info Statement
N
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