310-316 ERB Street W

N2L1W3

3,200,000

Multi-family

Rare Development Opportunity! 0.74 acre property with RMU-20 zoning located within walking distance to Uptown Waterloo, all amenities, and less than 1km to University of Waterloo. A proposed 80 Unit building plan for a six-storey building comprised of 21 two-bedroom units, 53 one-bedroom units and six main level townhouse units. Some planning and environmental reports are available upon request. Three lodging and one duplex residences, all currently rented until September 2021 with additional income from the existing solar panels for a total of approximately $114,000 (Gross Income). (id:6355)

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