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114 W Erb Street
415 - Uptown Waterloo/Westmount Waterloo N2L 1T5

$899,000
Residential Income beds: 9 baths: 3.0 built: 1904

Main Photo: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 1: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 2: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 3: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 4: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 5: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 6: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 7: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 8: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 9: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 10: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 11: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 12: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 13: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 14: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 15: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 16: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 17: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 18: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 19: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 20: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 21: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 22: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 23: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 24: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 25: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 26: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 27: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
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Photo 29: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 30: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 31: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 32: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 33: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 34: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 35: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 36: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 37: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 38: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 39: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 40: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 41: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 42: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 43: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 44: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 45: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 46: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 47: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 48: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 49: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Photo 50: 114 W Erb Street in Waterloo: 415 - Uptown Waterloo/Westmount Multi-3 Unit for sale (4 - Waterloo West)  : MLS®# 40644499
Status:
Pending
Prop. Type:
Residential Income
MLS® Num:
40644499
Bedrooms:
9
Bathrooms:
3
Year Built:
1904
This is an extremely well-situated triplex with proximity to all the locales that make Waterloo great: situated steps to Waterloo Park's LRT station, in front of the Barrel Works Development and a quick walk to night life, cafes, Waterloo Park and Waterloo Rec Centre. CIGI across the street. Perimeter Institute and Clay and Glass museum around the corner. Interior updates include vinyl plank flooring. Thousands recently spent on exterior improvements including new asphalt and retaining wall. Nine, lined, parking spots. Additional parking spots can be rented to Barrelworks tenants or Seagram Loft residents. Due to proximity to all amenities, AIRBNB could also be a very lucrative option. From a traditional rental perspective, next owner can go to market rents immediately and capitalize on perhaps the The Best Rental Market in Canada. This could also be a rare opportunity to live in Uptown with the possibility of enjoying mortgage helper income from two other units! Note 116 Erb Street West, also available, can be added to your purchase for a mixed use application: office main unit, four bedroom residential on upper levels. Combining 116 Erb (mixed office/residential) with 114 Erb Street makes the site even more compelling and may unlock development opportunity. Why settle for a tertiary location when you can own The Best? Opportunity knocks - will you answer?
Property Type:
Residential Income
Property SubType:
Multi-3 Unit
Year built:
1904 (Age: 120)
Listing General Location:
415 - Uptown Waterloo/Westmount, 4 - Waterloo West
Bedrooms:
9
Bathrooms:
3.0 (Full:-/Half:-)
Lot Details:
102.6 x 49.7
Lot Depth:
102'7"
Lot Frontage:
49'8"
Frontage Type:
North
Kitchens:
0
County Or Parish:
Waterloo
Taxes:
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Construction:
Brick
Basement:
Walk-Out Access, Full, Finished
Foundation:
Stone
Roof:
Asphalt Shing
Number of Storeys:
2
Number of Buildings:
0
Total Floor Area:
2,727 sq. ft.
Finished Area Above Grade:
1,963 sq. ft.
Finished Area Below Grade:
764 sq. ft.
Fireplace:
false
Laundry Features:
Coin Operated, Common Area
Water Supply:
Municipal
Water Meter:
Yes
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Forced Air, Natural Gas
None
Refrigerator, Stove
Accessory Apartment
false
No
Located on the North Side of Erb Street, between Avondale and Father David Bauer Drive.
Easement, Right-of-Way
No
HST Applicable To Sale Price:
No
Association Fee:
Association Fee Frequency:
Association Fee 2:
Association Fee 2 Frequency:
Administrative Fee:
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Road Access Fee:
Electric Expense:
$1,970
Insurance Expense:
$1,870
Expenses:
Actual
Heating Expense:
$1,520
Laundry Income:
$950
Net Income:
$42,297
Lease to Own Equipment:
None
Leases:
No
Zoning:
RMU-20, C159
Total Acres:
7276
Fencing:
Fence - Partial
Exposure / Faces:
North, East, South, West
Lot Site Features:
Irregular Lot, City Lot, Library, Place of Worship, Public Transit, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Parking:
Asphalt
# Of Total Parking Spaces:
9.0
# Of Open Parking Spaces:
9.0
Driveway Parking:
Outside/Surface/Open, Private Drive Single Wide
Licensed Dwelling:
No
Num Apartment Units:
0
Num Bachelor Units:
0
Num Efficiency Units:
0
Num Loft Units:
0
Num Other Units:
0
Num Penthouse Units:
0
Num Studio Units:
0
Num Occupied Units:
0
Total Units:
Listed Date:
Sep 11, 2024
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Listed by Royal LePage Wolle Realty
Data was last updated November 8, 2024 at 11:50 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$999,900
Min list price:
$750,000
Max list price:
$3,999,000
Avg days on market:
51
Min days on market:
3
Max days on market:
93
Avg price per sq.ft.:
$598.8
These statistics are generated based on the current listing's property type and located in 4 - Waterloo West. Average values are derived using median calculations.