Message Number429017
statusActive
Subject LineKWC - Waterloo - Mixed Used Building, Steps to Uptown! $925,000 Could be ideal for Live-Work-Investment Set Up!
Business area
Canada
Ontario
Southwestern Ontario
Waterloo
Location, City116 Erb Street West, Waterloo
Have/WantHave
Business categoryCommercial Buildings/Hotels/Motels
Date of ListingSeptember 21 2024
Type DescriptionCommercial/Residential Mixed Use
LocationUptown Waterloo
Price$925,000.00
ZoningRMU-20
CommentsLive-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?
Internet Linkshref="https://youriguide.com/116_erb_st_w_waterloo_on/" target="_blank"> Virtual Tour



Why Invest in Kitchener-Waterloo?

Member Identifier201
ControlMLS
NameMike Milovick
TitleBroker
Company NameRoyal LePage Wolle Realty
Address Line One7A, 180 Northfield Drive West
CityWaterloo
State/ProvinceOntario
Zip/Postal CodeN2H 0C7
CountryCanada
Business Phone Number(519)747-2040
Cell Number519-747-2040
Home Number519-747-2040
FAX Number519-747-2081
Email AddressSend Email
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