318 Erb Street W Home For Sale Waterloo, Ontario N2L 1W3
40332265
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$1,299,000
Attention developers and investors! AAA+ location triplex with high density RMU-20 zoning, located within walking distance of Uptown Waterloo, Shopping, and University of Waterloo. This could be the perfect addition for an investor with OVER 79000$ 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:35167)
Property Details
| MLS® Number | 40332265 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Place Of Worship, Public Transit, Schools, Shopping |
| Features | Conservation/green Belt, Paved Driveway, Laundry- Coin Operated |
| Parking Space Total | 6 |
| Structure | Shed |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 9 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Poured Concrete |
| Heating Type | Hot Water Radiator Heat |
| Stories Total | 3 |
| Size Interior | 2190 |
| Type | Triplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Fence Type | Partially Fenced |
| Land Amenities | Hospital, Place Of Worship, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 50 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R-mu20 |
Utilities
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/24941124/318-erb-street-w-waterloo
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October 05 2022 03:56:12
Kitchener-Waterloo Association of REALTORS®
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