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$1,100,000
8 Roosevelt Ave, Waterloo, ON N2L 2N1
7 Beds
2 Baths
1,226 sqft

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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.
  • Price:
  • $1,100,000
  • Bedrooms:
  • 7
  • Full Baths:
  • 2
  • Square Footage:
  • 1,226
  • Listing ID #:
  • 40145222
  • Street Address:
  • 8 Roosevelt Ave
  • City:
  • Waterloo
  • Province:
  • Ontario
  • Postal Code:
  • N2L 2N1
  • County:
  • Waterloo
  • Community:
  • Waterloo West
  • Subarea:
  • 415 - Uptown Waterloo/Westmount
  • Listing Status:
  • Active
  • Listing Type:
  • Single Family
  • Age Of Dwelling:
  • 51-99 Years
  • Approximate Square Footage Range:
  • 1001 To 1500
  • Basement Description:
  • Walk-Up
  • Basement Type:
  • Full Basement
  • Construction Description:
  • Brick
  • Construction Type:
  • Detached
  • Finished Above Ground Square Footage:
  • 1226.00
  • Foundation Material:
  • Concrete
  • Has Basement:
  • 1
  • Square Footage Source:
  • Plans
  • Style:
  • 1.5 Storey
  • Total Building Square Footage:
  • 1226
  • Type Of Roof:
  • Asphalt Shing
  • Approximate Lot Size Range Source:
  • Geowarehouse
  • Conforms To Zoning:
  • Rmu-20
  • Lot Shape:
  • Rectangular
  • Lot Size Side:
  • 86.30
  • Included In Sale:
  • Dryer, Refrigerator, Stove, Washer
  • Originating Mls:
  • Cambridge
  • Location Description:
  • Urban
  • Sub Area:
  • 415 - Uptown Waterloo/Westmount
  • Laundry Description:
  • Lower Level, Main Level
  • Total Rooms:
  • 14
  • Existing Water:
  • Municipal
  • Heating:
  • Forced Air
  • Sewage Type:
  • Sewer (municipal)
  • Listing provided by RE/MAX Real Estate Centre Inc. Brokerage-3
  • ONITSO

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