Property Type: Detached HouseOwnership: Freehold

267 ERB Street E

Waterloo, BC N2J1N6

$599,000

5 bed3.5 bath4 parking1,552 sqftBuilt 1963
Get Directions

Property Details

Property & Lot

Sub-type
House
Style
Other
Stories
2
Frontage
130 feet

SR2

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,850

Interior

Basement
Finished, Full
Heating
Forced air, Natural gas
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Water purifier, Water softener, Dishwasher, Stove, Dryer, Microwave, Oven - Built-In, Hood Fan, Window Coverings

Exterior & Lot

Exterior features
Concrete, Brick, Stone, Vinyl siding
Lot features
Corner Site, Paved driveway, Sump Pump

Building

Foundation
Poured Concrete
Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
4 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
StorageBasement4'10'' x 20'8''
Recreation roomBasement13'5'' x 9'8''
BedroomBasement13'6'' x 10'0''
BedroomSecond level9'4'' x 9'8''
BedroomSecond level10'1'' x 13'8''
BedroomSecond level10'2'' x 10'4''
4pc BathroomSecond level5'4'' x 6'2''
3pc BathroomMain level4'10'' x 9'3''
Utility roomMain level7'0'' x 9'8''
BedroomMain level11'9'' x 19'1''
2pc BathroomMain level5'5'' x 4'6''
Living roomMain level9'11'' x 21'6''
DinetteMain level8'11'' x 7'6''
KitchenMain level8'11'' x 14'0''

Listing Information

MLS®
40857919
Listed
August 24, 2026
Time on market
On the market for 21 days
Data last synced
September 15, 2026

Listing provided by: CENTURY 21 RIGHT TIME REAL ESTATE INC. · Data source: CREA DDF.

Description

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:63159)

Values & Trends

This listing

$386/sqft

Building average

No other active listings in this building

114 - Uptown Waterloo/North Ward average

$443/sqft

31 active listing(s)

Parking: 4 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Guelph

13°C

Humidity 88%

Wind SE 2 km/h

Today

23°

Tonight

17°

Wednesday

26°

Wednesday night

12°

Thursday

25°

Thursday night

13°

Source: Environment and Climate Change Canada.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,200.00
Periodic payment — Principal & Interest (monthly)$3,091.64
Additional monthly expenses (strata, tax, utilities, etc.)$482.17
Total monthly cost$3,573.80
Interest paid over 5-yr term$137,340.10
Balance at end of term$431,041.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,337.73

Cash Needed at Closing

Minimum down payment$34,900
Estimated BC PTT$9,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,380

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

Request more information