Land For Sale - 110-116 Erb St, Waterloo, Ontario N2L 1T5

location_on 110-116 Erb St, Waterloo

Land

110-116 Erb St

Waterloo, Ontario N2L 1T5

$1,798,000

For Sale

Property Information

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?

Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : X9344346
Price : $1,798,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 56
Address
Postal Code : N2L 1T5
City : Waterloo
Street : Erb
Street Number : 110-116
Street Suffix : St
Floor Number : 0
Longitude : W81° 28' 14.6''
Latitude : N43° 27' 46.1''
Features
Heating System : Gas Forced Air Closd
Brokerage
Office Name : ROYAL LEPAGE WOLLE REALTY
Extra Information
address/street_dir_suffix : W
Air Conditioning : N
Area : Waterloo
living_area : 0
living_area_unit : Sqft
Lease : Sale
Street Direction : W
Tax Year : 2024

Mortgage Amount Calculator

$
%

Share Listing

110-116 Erb St Waterloo, Ontario N2L 1T5