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371 Erb Street

Beds 4
Baths 2
MLS® Number 40145179

$1,100,000

Status Active
City Waterloo
County Waterloo
Listing Type Residential
Postal Code N2L 1W4
Driveway Spaces 2.00
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Uptown Waterloo re-development potential! Being sold as a pair, the combined 371 Erb St W and 8 Roosevelt Ave properties offer approximately 16,000 square feet of RMU-20 zoned lands with the two existing homes having a combined 11 bedrooms available to be rented for income while you plan your project. Being sold as a pair, the combined asking price for both is $2.2M. The combined lots offer approximately 86 feet of frontage on Erb St W and 187 feet along Roosevelt. The University of Waterloo and Wilfred Laurier campuses are 5 minutes away by car, 20 by public transit and only 40 by foot making this a prime location for existing student rentals of rooms and for smaller unit condo re-development. The zoning allows for up to approximately 60-65 bedrooms within combined lots of this size.
Directions FROM HWY 8 - NORTH ON FISCHER HALLMAN THEN EAST ON ERB

Interior

Basement Type Full Basement
Heating Forced Air
Interior Features Water Heater
Square Feet 1300.00 SqFt
Cooling Central Air

Exterior

Acres Range < 0.5
Construction Materials Brick
Foundation Concrete
Lot Shape Rectangular
Lot Size Acres 0.2000
Parking Spaces Total 4
Roof Asphalt Shing

Additional Information

Appox Age 51-99 Years
Area Influences Ample Parking,Arts Centre,Downtown,Golf,High Traffic Area,Library,Major Highway,Park,Place of Worship,Public Transit,Schools,Shopping Nearby
Common Interest Freehold/none
Septic/Sewer Sewer (Municipal)
Water Source Municipal
Property Attached Detached
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Kathy Marziano

Real Estate Professional

RE/MAX Twin City Realty Inc.