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92 Erb Street E Waterloo, Ontario N2L 1L9

$2,800,000

ATTENTION INVESTORS & DEVELOPERS – ALMOST ½ ACRE (0.482 ac) NEAR UPTOWN WATERLOO... THE PRESENT... An exceptionally finished office with 3,094 sq feet of total space on the main floor, lower level, basement and attic. Plenty of storage in the finished basement with a beautiful 4 bedroom residence upstairs. Oversee your business directly from home. With parking for approx. 25+ cars, there is ample parking for your Customers and Employees. Even a park-like side yard area perfect for Company BBQ Events outside. Current C4-20 Zoning outlines potential for redevelopment to a six-storey apartment building. THE FUTURE... The City of Waterloo has indicated that the site will have the zoning re-designated ‘Medium Rise Residential’ through the OP Review process. The Seller is told this process is underway awaiting consultation with GRCA re: Uptown Waterloo’s Special Policy Area which crosses the back of the property. Further, this property is included in The City of Waterloo’s new and upcoming “Community Planning Permit System” A proposed smoother permit process. (id:49454)

Property Details

MLS® Number 40631655
Property Type Vacant Land
AmenitiesNearBy Hospital, Public Transit, Schools
CommunityFeatures High Traffic Area
Features Southern Exposure

Building

BasementType None
UtilityWater Municipal Water

Land

AccessType Highway Access
Acreage No
LandAmenities Hospital, Public Transit, Schools
Sewer Municipal Sewage System
SizeDepth 193 Ft
SizeFrontage 106 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription C4-20

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/27274130/92-erb-street-e-waterloo