Property Details

318 ERB Street W, Waterloo, Ontario, N2L1W3

318 ERB Street W, Waterloo, Ontario, N2L1W3 (ID 40365998)
Representative
Pat Kritz

Coldwell Banker Peter Benninger Realty - Kitchener
Cell: 519-901-2061
Tel: 519-742-5800

$1,250,000 - For sale

ID#:40365998

Attention developers and investors! AAA+ location triplex with high density RMU-20 zoning, located within walking distance of Uptown Waterloo, Shopping, and University of Waterloo. This could be the perfect addition for an investor with OVER 79000$ Current Gross Annual Income. Solid Brick Purposely Build Triplex With Spacious 3-3 BEDS Suites And 2 Walkouts To Balconies . UNIT #3 AND UNIT #2 were COMPLETELY RENOVATED (2021) ,down to the studs, with UPDATED INSULATION, NEW DRYWALL, NEW FLOOR, NEW LIGHT FIXTURES, NEW KITCHEN CABINETS, SINK ,FAUCET, NEW APPLIANCES ,NEW VANITY ,TUB, PLUMBING, NEW IN-SUITE LAUNDRY. Each unit has a NEW ELECTRICAL PANEL. Common space has NEW CARPET, NEW TRIM, NEW ENTRANCE DOOR, PAINT(WALLS, WINDOWS, EAVESTROUGH) ETC. BASEMENT UNIT #1 has NEW(2022) VANITY,NEW TOILET,TUB WAS RECONDITIONED ,NEW KITCHEN COUNTERTOP,SINK, FAUCET, IN SUITE LAUNDRY FOR UNIT #3 AND UNIT #2 and COIN OPERATING WASHER AND DRYER IN THE BASEMENT, provide for an Additional Income Stream .There are 4 HYDRO METERS ,one for each unit and one for the building. The Exterior has been Refreshed also with ALL Windows and Eavestroughs recently Painted . Located on Oversized Lot ,offers 6+ Parking Spots and an EXTRA EXIT to the rear yard and Room For Possible Expansion To Include More Units Allowable Under Current Zoning. (id:2471)

Location DescriptionErb & Mulberry

Property Details
  • Property Address:318 ERB Street W, Waterloo, Ontario, N2L1W3
  • Property Type:Multi-family
  • Title:Freehold
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
Structure Details for 318 ERB Street W, Waterloo, Ontario, N2L1W3
  • Structure Style:Triplex
  • Bedrooms:9
  • Bathrooms:3
  • Floor Space:2190
  • Heating Type:Hot water radiator heat
  • Storeys:3
  • Basement Type:Full (Finished)
  • Foundation Type:Poured Concrete
  • Cooling Type:None
  • Appliances Included:Microwave
  • Exterior Type:Brick
Amenities for 318 ERB Street W, Waterloo, Ontario, N2L1W3 Paved driveway, Laundry- Coin operated, School Bus
  • Amenities Nearby:Hospital, Place of Worship, Public Transit, Shopping
Representative
Pat Kritz
REALTOR®
Coldwell Banker Peter Benninger Realty - Kitchener
Cell: 519-901-2061
Tel: 519-742-5800
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318 ERB Street W, Waterloo, Ontario, N2L1W3

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