Address
313 ERB Street W Waterloo, ON
Price
$ 848,000
Property Attributes
  • ID#40090063
  • TypeSingle Family
  • CityWaterloo
  • NeighbourhoodBeechwood
  • Postal CodeN2L 1W4
  • Style
  • Price$ 848,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Wendy Hearn with Leap Real Estate Services Inc.
Data Source:
RLP - CREA EN
Property Description

DESIRED LOCATION FOR EXCEPTIONAL DEVELOPMENT OPPORTUNITY. MULTI-TIERED INCOME GENERATING PR0PERTY. OR HOME SWEET HOME. YOU DECIDE. Welcome to 313 Erb St W in Waterloo. The features of this home and property are truly too many to list, as many of them provide a very real and much needed income stream, especially in our current landscape. From a development perspective; this property features the highly sought after Residential Mixed-Use Twenty (RMU-20) zoning and includes Parking Overlay Area F. (A copy of the RMU-20 zone has been included in the attachments for your reference.) The information in the PDF includes permitted uses, required setbacks, maximum densities, and parking requirements. Featuring a lot size of 50 ft x over 160 ft at it deepest point, the opportunity to maximize zoning, lot size & location are endless and is ideal for investors recognizing the significance of this location only steps from Uptown Waterloo. The home itself boasts over 2000 total sq ft; main floor features a spacious kitchen, 3 large bedrooms, open living room and den currently operating as a successful turn-key business available to purchase. Creating a distinction from the business, enter a separate entrance to the basement with a large family room, bedroom and luxuriously sized bathroom awaiting only a few touches to transition this entire space to a legal duplex. Offering yet another potential income stream. The possibilities are endless: Develop. Operate business. Make it your home. Live in the home while you operate a business and proceed with larger development plans. Rent business space, create & rent duplex while you pursue larger development. Or just call it home. YOU DECIDE! Take advantage of this rare & exciting opportunity. Book your showing today! (id:27)

Exterior Features

Lot Frontage 50.0
Jumpid 14730970

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in N2L 1W4

Price
AVG $1.73M
$850K
Visits
AVG 138
170
Walkscore
AVG 45
45
Data Provided by Walkscore ® not using MLS data