Address
392 Erb St W Waterloo, ON
Price
$ 1,650,000
Property Attributes
  • MLS#X5273371
  • TypeSingle Family
  • CountyWATERLOO
  • CityWaterloo
  • NeighborhoodWaterloo
  • ZipN2L 1W6
  • Style2-Storey
  • Taxes$ 8004
  • Price$ 1,650,000
  • Bedrooms9
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3000-3500
Listing Provided Courtesy Of:
RE/MAX ABOUTOWNE REALTY CORP., BROKERAGE
Data Source:
Canada - Toronto Real Estate Board (TREB) - 64 - CAN
Property Description

Fully Leased & Reno'd 4-Plex In Desirable Waterloo. Close Proximity To The Universities, Highway Access And Dt Waterloo. Features Two 5 Bed Units, One 4 Bed Unit, And A Bachelor. Current Gross Monthly Rental Revenue Of $8,550 Results In Projected Annual Noi Of $77K And Is Priced At An Approximate 4.7% Cap Rate. Current Owner Invested In A New Roof, Attic Insulation, All Windows & Doors, Parking Lot Extension, Sub-Metering, Fire & Life Safety Systems.

Price History
6/14/2021 Listed $1,650,000

General Features

ApproxAge 51-99
Area Waterloo
Assessment 742000
Basement Finished
Extras The Owners Also Made Substantial Renos To Each Suite With High-End Finishes Throughout, Including New Kitchens (Cabinets, Undermount Sinks, Hard-Surface Countertops, S/S Appliances, New Bathrooms
Features School Bus Route
Features School
Features Rec Centre
Features Library
Features Public Transit
Features Golf
Garage Spaces 0.0
Heater Type Forced Air
Legal Description Pt Lt 18 Pl 696 City Of Waterloo As In 305968; Wat
Lotdepth 190.00
Municipality Waterloo
Parking Spaces 8
Property Sub Type Fourplex
Rooms 16
Square Footage Range 3000-3500
Status A
Style 2-Storey
Tax Year 2020
Taxes 8004.00
Water Municipal
Zoning Mr-6

Interior Features

A/C None
Basement Full
BedroomsPlus 5
Family Room No
Fireplacestove No
Heat Source Gas
Kitchens 3
Kitchens Plus 1
Total Bedrooms 9
Washrooms 5

Exterior Features

Drive Private
Exterior Brick
Exterior Stucco/Plaster
Frontingonnsew No
Garage Type None
Pool Y/N None
Sewers Sewers

Amenities

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

Property vs Single Family Average in N2L 1W6

Price
AVG $1.65M
$1.65M
Visits
AVG 3
79

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover