110-116 ERB Street W Waterloo

110-116 ERB Street W, Waterloo, Ontario

$1,798,000

Compelling Opportunity! Looking for an infill project/redevelopment site? Architectural Schematic report available for proposed 8 stacked townhomes! Or perhaps you seek live-work space with income and parking? Two buildings situated on three parcels in perhaps the most exciting area in Waterloo! This site truly has it all. 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 quick walks 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. 116 Erb is a mixed use building featuring commercial on main floor and a residential unit above. 110-114 Erb presents as a triplex and was previously rental licensed. Recent site improvements include new parking lot asphalt. Adjacent property owner has built significant retaining wall and has regraded the properties. Next owner can go to market rents immediately and can capitalize on perhaps the The Best Rental Market in Canada while warehousing the site for future development. This is a rare opportunity in the Uptown core. Why settle for a tertiary location when you can own The Best? Opportunity knocks - will you answer? (id:23309)

  • Listing ID: 40644538
  • Property Type: Vacant Land

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Details

  • Amenities Nearby: Public Transit, Schools
  • Features: Southern exposure
  • Ownership: Freehold
  • Transaction: For sale
  • Zoning Description: RMU-20, C159

Building

  • BasementType: None
  • Fireplace Present: False
  • Utility Water: Municipal water

Land

  • Amenities: Public Transit, Schools
  • Fence: Partially fenced
  • Sewer: Municipal sewage system
  • Size Frontage: 125 ft
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Listing provided by Royal LePage Wolle Realty
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 110-116 ERB Street W in Waterloo Ontario. It was last modified on September 11th, 2024. Contact Stacy Gatensby to schedule a viewing or to discover other Waterloo properties for sale.

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