159-165 Erb Street W, Waterloo, ON N2L 1V2 – Waterloo – $1

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Description

Prime Development Opportunity in the Heart of Waterloo, An exceptional 0.542-acre land assembly in the dynamic core of Waterloo, boasting an impressive 194 ft of frontage and zoned RMU-20 (Residential Mixed-Use). Strategically located just steps from Waterloo Park, the LRT station, and minutes from Uptown Waterloo’s thriving amenities including shops, dining, the recreation center, and cultural institutions. This rare offering combines four contiguous parcels under single ownership combined, FOR $3,349,000.00 streamlining negotiations and accelerating your path to development. Whether you’re envisioning a multi-unit residential complex, mixed-use development, or a care facility, this site offers flexibility and long-term value. With convenient transit access to Wilfrid Laurier University, University of Waterloo, CIGI, and more, this location promises high rental demand and future appreciation.

Property Details

• Bedrooms: 9
• Property Type: Residential Freehold
• List Price: $1
• Parking Spaces: 12
• Tax Year: 2024
• Annual Taxes: $26,986