














1/16610 - 274 ERB STREET W, Waterloo, ON N2L1W2
Price on request
—
Asset Class
Multifamily
Size
—
Building class
A
Zoning
RA9 — High Rise
$ / SF
—
Occupancy
86%
BIG BONUS**** 1 MONTH RENT FREE(2nd Month) + Discounted Covered Parking(Only $20/month) for the first 6 months(Regular $110/month), that's $2,595 in savings! Welcome to 274 Erb St W, Unit 610, where comfort and convenience come together in this beautifully designed apartment in Waterloo. Perfect for families and professionals, these apartments offer a great lifestyle in one of the city's most desirable neighborhoods. Step into this spacious, open-concept unit, featuring a bright living room, and a well-appointed kitchen with ample storage. The apartment includes two generous bedrooms and a 4-piece bathroom. Enjoy the convenience of in-building laundry facilities. Whether you're relaxing at home or exploring the community, you'll appreciate the thoughtful design and attention to detail in this unit. Situated in a prime location, this property is close to local parks, highly-rated schools, shopping, and public transit, offering easy access to everything Waterloo has to offer. Utilities are extra: Hydro, water, and gas are the responsibilities of the tenants. Refundable key deposit is $150. One extra parking spot available at extra cost. Unit comes unfurnished! With a blend of modern features and unbeatable location, this apartment is ideal for anyone looking to elevate their living experience. Don't miss your chance to call 274 Erb St W, Unit 610, your new home. Available immediately! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$71K
Annual cash flow
$-12K
Cash-on-cash
-2.69%
DSCR
0.85
Going-in cap
4.74%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
135,629
Households
61,226
Median income
$77,000
Median age
43.3
Daytime population
120,221
5-yr growth
9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 610 - 274 ERB STREET W, Waterloo.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.