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Step into a remarkable opportunity in Waterloo! Nestled on a picturesque corner, this detached double brick yellow home stands as a beacon of future development potential. Boasting a generous 2.27 acres of land, this prime piece of real estate offers a rare chance to own a slice of the future. While the home requires some TLC, it offers three bedrooms, two full baths, and 3400 sqft catering to families or individuals seeking versatile living spaces. With room for both combined and separate living areas, there's flexibility to suit various lifestyles. Some recent updates include: roof (2023), furnace (2022), AC (2022). The bonus here is the massive steel arch structure great for a workshop, equipment storage and more equipped with water and heated flooring. Beyond the dwelling lies a vast expanse of land awaiting transformation. Whether you're an investor with an eye for opportunity or a builder with grand visions, this property offers future possibilities for expansion and development. Currently zoned FD and allows for future low/medium density as per the official plan. Imagine the potential for luxury estates or modern townhomes, all set against the backdrop of Waterloo's thriving landscape. Don't miss out on this extraordinary chance to make your mark in Waterloo's ever-evolving community.
City: Waterloo
Purchase Price | $2999900 |
Down Payment | $599980 |
Mortgage Insurance | $0 |
Total Mortgage | $2399920 |
Mortgage Payment | $14789 |
Property Taxes | $493 |
Maintenance Fees | $0 |
Monthly Payment | $15282 |
Sold Comparables homes near 824 Erbsville Rd, Waterloo
Located at 824 Erbsville Rd , this Waterloo house is available for sale. This property was listed for $2,999,900 on Fri Apr 19 2024. This house's size is 3000-3500 Sqft. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: Kitchen, Dining, Living, Br, Kitchen, Living, 2nd Br, 3rd Br. This property comes with 10 parking spots.
MLS#: X8253692 · $2,999,900 · 3 bedroom house in Waterloo