318 Erb W Street Waterloo ON N2L 1W3
Residential Income
$ 1,499,000.00
- MLS #: 40241731
- Post Updated: 2022-05-18 22:14:27
- Bedrooms: 3
- Bathrooms: 3
- LotSizeDimensions: 150.07 x 50.08
- BuildingAreaTotal: 3373
- Year built: 1976
- Status: Active
- Type: Multi-3 Unit
Description
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 78000$ 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.
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Location & Schools
- MLSAreaMajor: 4 - Waterloo West
- MLSAreaMinor: 415 - Uptown Waterloo/Westmount
- CountyOrParish: Waterloo
- CrossStreet: Erb & Mulberry
- Directions: Erb & Mulberry
- Zoning: R-MU20
Property Details
- ParcelNumber: 223920134
- AboveGradeFinishedArea: 2190
- BelowGradeFinishedArea: 1183
- StoriesTotal: 3
- ConstructionMaterials: Brick
- OtherStructures: Shed(s)
- AcresRange: < 0.5
Courtesy of
- ListOfficeName: Davenport Realty Brokerage
318 Erb W Street Waterloo ON N2L 1W3. MLS 40241731. This Multi-3 Unit style property is located in Beechwood is currently Residential Income. This property is listed at $ 1,499,000.00. It has 3 beds bedrooms, 3 baths bathrooms. The property was built in 1976 year.
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