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Development Opportunity In Heart Of Uptown Waterloo!

$1,999,800

For Sale: , , in

Development Opportunity in Heart of Uptown Waterloo!

Mike Milovick

Realtor

Listing Details

Co-op commission: 2.0% plus HST

Subtype: Office Live/Work Unit, Triplex

Sale type: Ideal for both investors and owner-users

Tenancy: Multiple

Description

Compelling Opportunity! Two buildings situated on three lots in perhaps the most exciting area in Waterloo! Looking for live-work space with income and parking? Or perhaps an infill project/redevelopment site? This site truly has it all. Situated steps to Waterloo Park's LRT station (about 100 meters) and in front of the Barrel Works Development, this IS the most intriguing site in Waterloo on the market. Uptown Waterloo, with its shops and nightlight, Waterloo Park and Waterloo Rec Centre are quick walks away. Both universities are accessible by LRT - just a stop away! CIGI across the street. Perimeter Institute and Clay and Glass museum around the corner. 116 Erb is a mixed use building featuring commercial on main floor and a residential unit above. This building could be ideal as live-work space - in a very convenient, very high-profile area. 110-114 Erb presents as a triplex and was previously rental licensed. Next owner can go to market rents immediately and can capitalize on perhaps the The Best Rental Market in Canada. This is a rare opportunity in the Uptown core. Why settle for a tertiary location when you can own The Best? Opportunity knocks - will you answer?

Location & nearby

This listing is located in Waterloo, ON N2L 1T5

114 Erb Street West, Waterloo, ON, Canada

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Mike Milovick

Realtor

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