Welcome to 203B Erb Street East, Waterloo! Fully Renovated I 3 Bedrooms I Freehold Semi-Detached I Separate Basement Unit I Prime Location. Fully renovated 3-bedroom freehold semi-detached home. Excellent location close to Uptown Waterloo. Walking distance to public transportation. Close to shopping, restaurants, and everyday amenities. Spacious backyard - perfect for families and entertaining. Covered/roofed deck provides a great outdoor space for gatherings and relaxation. Fully finished basement with separate entrance. Basement features a separate kitchen and washroom. Complete self-contained basement unit offering excellent flexibility for extended family, guests, or rental potential. Move-in ready with modern updates throughout. A fantastic opportunity for homeowners, multi-generational families, and investors alike. Enjoy the convenience of Uptown Waterloo while having the added benefit of a separate basement living space and a spacious backyard. Don't miss this excellent opportunity at 203B Erb Street East
3 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $886 per square foot. Chat with Zara if you'd like a deeper read on whether this semi-detached fits your budget and timing.
Inside 203B Erb St
Every detail from the listing, in one place.
Type
Semi-Detached
Style
2-Storey
Living space
700-1100 sq ftas stated on the listing
Parking
2 spaces
Basement
Finished, Full
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Finished · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Semi-Detached
203B Erb St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13655292$619,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 203B Erb St Compares to the Waterloo Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,045
/mo
based on the purchase price of $619,900
$123,980 cash
$495,920 financed
$417,695 total interest
Principal54%$495,920
Interest46%$417,695
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Erb Street? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 203B Erb St with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 203B Erb St day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Waterloo
Other 2–5 bed homes for sale in Waterloo around $620K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.1%On average, homes sold at or above asking.
Active listings424Homes for sale here right now.
Median vs prior 90 days−0.7%Compared with Apr 19 – Jul 18, 2026: prices down.
Based on 443 sales from Jul 18 – Oct 16, 2026 (287 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
203B Erb St is listed at $619,900 (MLS® X13655292). Summitly updates the price as soon as the MLS® record changes.
Is $619,900 a good price for 203B Erb St?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Waterloo. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 203B Erb St changed?
No — 203B Erb St is still listed at its original asking price of $619,900.
How many bedrooms and bathrooms does 203B Erb St have?
203B Erb St has 3 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a semi-detached home in Waterloo.
Is 203B Erb St close to transit?
The nearest rapid-transit station is Waterloo Public Square Station (ION), about 1.3 km (about a 16-minute walk) in a straight line. Allen Station is about 1.3 km (about a 17-minute walk), and Grand River Hospital Station is about 1.4 km (about a 17-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 203B Erb St?
About $3,045 a month — principal and interest on $619,900 with 20% down ($123,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 203B Erb St compare with other homes in Waterloo?
Its asking price of $619,900 is about 11% below the median sold price in Waterloo over the last 90 days, $695,000, across 443 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 203B Erb St been sold before?
Summitly has no earlier MLS® sale or lease of 203B Erb St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 203B Erb St?
203B Erb St is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 203B Erb St been on the market?
69 days — 203B Erb St was listed on August 8, 2026.
What is the price per square foot of 203B Erb St?
About $564 to $886 per square foot: the asking price of $619,900 over the 700–1,100 sq ft the listing gives as its size range.
