267 ERB Street
Waterloo, Ontario
5 bed • 3 bath • Single Family
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.
Price History
Schools
Elementary
- St Agnes Catholic Elementary School0.3 km
Catholic · Waterloo CDSB · 595 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 43% met the provincial standard
- École élémentaire L'Harmonie0.6 km
French public · CS Viamonde · 290 students
Grade 3 reading: 92% met the provincial standard · Grade 6 math: 79% met the provincial standard
- Prueter Public School0.8 km
Public · Waterloo Region DSB · 215 students
Grade 3 reading: 58% met the provincial standard · Grade 6 math: 17% met the provincial standard
Secondary
- Bluevale Collegiate Institute0.4 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
- Kitchener Waterloo Collegiate and Vocational School1.9 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% met the provincial standard
- Waterloo Collegiate Institute2.6 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2J
- Population
- 20,899
- Private dwellings
- 10,672
- Median age
- 36.8
- Average household size
- 2.2
- Median household income
- $74,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,031
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,031 recorded sales of single family properties in Waterloo over the last 12 months.
Location
Mortgage Calculator
$136,000
Estimated Monthly Payment
$3,341
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,341/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $170/mo
Estimates only. Consult a financial advisor.
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