$ 1,798,000
110-116 Erb ST W Waterloo, ON N2L 1T5
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$ 1,798,000
Est. payment | /mo
12,346 SqFt
$ 1,798,000
Est. payment | /mo
12,346 SqFt
Key Details
Property Type Commercial
Sub Type Land
Listing Status Pending
Purchase Type For Sale
Square Footage 12,346 sqft
Price per Sqft $145
MLS Listing ID X9344346
Tax Year 2024
Property Description
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?
Location
Province ON
County Waterloo
Community Recreation/Community Centre
Interior
Cooling No
Exterior
Community Features Recreation/Community Centre
Utilities Available Yes
Others
Security Features No
Listed by ROYAL LEPAGE WOLLE REALTY