267 ERB Street E

About this home.

Welcome to this beautifully updated detached home in the highly desirable East Waterloo neighborhood, offering the perfect blend of comfort, functionality, and income potential. Situated in a spacious lot, this side-split features 3+1 bedrooms, 2.5 bathrooms, parking for up to 4 vehicles and 4 finished levels. Step inside to a bright main floor highlighted by a sun-filled kitchen with updated cabinetry and modern finishes, flowing seamlessly into the living and dining areas. A standout feature of this home is the separate entrance to the fully finished basement, providing excellent potential for an in-law suite or rental income opportunity. The basement includes additional living space and versatile rooms perfect for a home office, gym, or guest accommodation. The lower-level family room offers a cozy retreat with a gas fireplace, washroom and convenient walkout access to the backyard. Recent improvements include professional interior and exterior painting, refinished hardwood flooring, a newly added full bathroom, updated kitchen flooring and cabinetry, modern light fixtures, new window coverings and a professionally finished driveway. Located just seconds from Highway 7 and minutes to Uptown Waterloo, both universities, St. Jacobs Farmers’ Market, parks, schools, shopping, and transit, this property offers unmatched convenience for families and investors alike. Currently rented on a month-to-month basis with good income. Vacant possession can be provided. The property will be professionally cleaned and delivered in the same condition as shown in photos. (id:59491)

The full record.

How this listing prices against Uptown Waterloo/North Ward.

Uptown Waterloo/North Ward saw 4 sales and 23 active listings over the past 30 days, so this remains a low-volume market with enough supply to keep conditions from feeling especially tight. The average price was $645,000, well below the Waterloo average, and homes sold in just over 14 days, which suggests buyers are moving quickly when the right property comes up. Sales were split between 3 freeholds and 1 condo, giving the area a mixed profile rather than a single clear price band. With limited deal flow, individual sales can swing the averages, but activity here was quicker than the city as a whole.

Estimate the monthly carry.