8 ROOSEVELT Avenue , Waterloo

7 Bed / 2 Bath / $1,100,000 / MLS® Listing #:40145222

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Uptown Waterloo re-development potential! Being sold as a pair, the combined 371 Erb St W and 8 Roosevelt Ave properties offer approximately 16,000 square feet of RMU-20 zoned lands with the two existing homes having a combined 11 bedrooms available to be rented for income while you plan your project. Being sold as a pair, the combined asking price for both is $2.2M. The combined lots offer approximately 86 feet of frontage on Erb St W and 187 feet along Roosevelt. The University of Waterloo and Wilfred Laurier campuses are 5 minutes away by car, 20 by public transit and only 40 by foot making this a prime location for existing student rentals of rooms and for smaller unit condo re-development. The zoning allows for up to approximately 60-65 bedrooms within combined lots of this size., Directions:FROM HWY 8 - NORTH ON FISCHER HALLMAN THEN EAST ON ERB, Exclusions:

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Property Details

Property Type Detached
Property Style 1.5 Storey
Square Feet 1001 to 1500
Property Tax $N/A
Maintenance N/A
Days On Our Website 122
Basement Walk-Up
Kitchens 2
Garages
Pool N/A
Fireplaces
Air Conditioning No
Heating Forced Air - Forced Air
Exterior Brick
Garage Type N/A
Sewers Sewer (Municipal)
Water Municipal

Listing Office: RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3

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