40
116 Erb St W
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$1,249,900 Sale
Listed 36 days ago
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Listing History
Buy/Sell/Terminated/Expired listing history for 116 Erb St W
Key Facts
Key facts for 116 Erb St W
Property Type
Commercial
Parking
None
MLS #
X7250392
Size
-
Basement
Y
Listed on
-
Lot size
50 x 100.05
Tax
$9,051.77 /yr
Days on Market
-
Approximate Age
100+
Maintenance Fee
-
Description
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 a four 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. Enviable, AAA location. **** Extras **** * CITY OF WATERLOO EXCEPT PT 7, EXPROP PL 439; S/T 1478619; WATERLOO **INTERBOARD LISTING: WATERLOO ASSOCIATION OF REALTORS**
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Courtesy of: ROYAL LEPAGE GRAND VALLEY REALTY, BROKERAGE