318 ERB Street W, Waterloo, N2L1W3 - 40365998
Property 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 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:15472)

Location
CA
Ontario
Waterloo
415 - Uptown Waterloo/Westmount
N2L1W3
Details
Hospital, Place of Worship, Public Transit, Shoppi
: School Bus
Triplex
Freehold
3
2190.0000
Full (Finished)
Finished
Poured Concrete
Brick
under 1/2 acre
: Hot Water Radiator Heat
: None
Microwave
: Paved Driveway, Laundry- Coin Operated
Municipal sewage system

318 ERB Street W, Waterloo, N2L1W3

318 ERB Street, Waterloo, Ontario N2L1W3

9 Bedrooms
3 Bathrooms
$1,250,000
Listing ID #40365998
Basic Details
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 40365998
Price : $1,250,000
List Date : 18/01/2023
Bedrooms : 9
Bathrooms : 3

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