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110-116 Erb Street W Waterloo, Ontario N2L 1T5

$1,999,800

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 nightlight, 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:57448)

Property Details

MLS® Number 40583708
Property Type Vacant Land
Amenities Near By Public Transit, Schools
Features Southern Exposure

Building

Basement Type None
Utility Water Municipal Water

Land

Acreage No
Fence Type Partially Fenced
Land Amenities Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 103 Ft
Size Frontage 125 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rmu-20, C159

Utilities

Cable Available
Electricity Available
Natural Gas Available

https://www.realtor.ca/real-estate/26875293/110-116-erb-street-w-waterloo

Interested?

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Mike Milovick
Broker

(519) 578-7300
(519) 742-9904
www.teammilovick.com/

Royal LePage Wolle Realty
71 Weber Street E., Unit B
Kitchener, Ontario N2H 1C6

(519) 578-7300
(519) 742-9904
https://wollerealty.com/

Jennifer Shingler
Salesperson

(519) 747-2040
(519) 747-2081
www.teammilovick.com/

Royal LePage Wolle Realty
180 Northfield Drive W., Unit 7a
Waterloo, Ontario N2L 0C7

(519) 747-2040
(519) 747-2081
www.wollerealty.com/

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