100 Erb St E - Office FOR SALE


Waterloo, ON N2J 1L9- Waterloo Uptown
$7,200,000 CAD
519-742-5800
100 Erb St E, Waterloo, ON for Sale
$7,200,000 CAD
Office - FOR SALE
1/13
null | Request Cap Rate

100 Erb St E
Waterloo, ON N2J 1L9
Waterloo Uptown


HIGHLIGHTS

  • Fully renovated and expanded in 2014 by Schiedel Construction
  • Infrastructure ready for third and fourth floor additions
  • Acoustic sound masking and premium staff amenities
  • Steps from Uptown Waterloo ION LRT and major institutions

OVERVIEW

Located in the heart of Waterloo’s vibrant Uptown core, 100 Erb Street East presents a rare opportunity to acquire a fully renovated and expanded commercial asset with long-term growth potential. This 27,000-square-foot office building sits on a generous 1.847-acre site and is ideally positioned within walking distance of Waterloo City Hall, Wilfrid Laurier University, the University of Waterloo, and the Perimeter Institute. The property benefits from exceptional visibility and accessibility, with direct access to Grand River Transit bus routes and the Uptown Waterloo ION LRT Station, as well as proximity to King Street, Weber Street, and Highway 85. Originally upgraded in 2014 by Schiedel Construction, the building features premium interior finishes including sealed Thermopane windows, acoustic sound masking, and a fully equipped staff lunchroom. Mechanical systems such as HVAC, boiler, and furnace were replaced during the renovation, and the property includes a Cummins 350KW diesel backup generator for uninterrupted operations. Security is enhanced through a card access system and monitored fire and life safety infrastructure. Designed with future expansion in mind, the building can accommodate the addition of a third and fourth floor, offering scalability for growing organizations. Sustainability features such as Molok waste containers, water conservation systems, and LED exterior lighting installed in 2024 further elevate the property’s appeal. With 119 on-site parking spaces and a professionally designed parking lot, the site supports both staff and visitor convenience. This turnkey investment is ideal for owner-users or investors seeking a high-quality, centrally located asset in one of Ontario’s most dynamic urban markets.

FOR SALE DETAILS

PRICE

$7,200,000 CAD

PRICE/SF

$267 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

119

LAND DETAILS

LAND ACRES

1.85 AC

LAND SF

80,586 SF

ZONING

C4-20

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Lester TobinColdwell Banker Commercial Peter Benninger RealtyMore Info
519-742-5800

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Lester TobinColdwell Banker Commercial Peter Benninger RealtyMore Info
519-742-5800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.