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$ 3,349,000
Est. payment /mo
Active
159-165 Erb ST W Waterloo, ON N2L 1V2
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID X12257866
Annual Tax Amount $26,985
Tax Year 2024
Property Sub-Type Investment
Property 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, 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.
Location
State ON
County Waterloo
Area Waterloo
Zoning RMU-20
Interior
Cooling Yes
Exterior
Parking Features Outside/Surface
Community Features Public Transit, Recreation/Community Centre
Utilities Available Available
Building
Lot Description Building
Lited by ROYAL LEPAGE SIGNATURE REALTY