159-165 Erb Street W
Waterloo Waterloo N2L 1V2

$3,349,000 /For Sale
Commercial

Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12257866
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.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
No
Total Area:
23610 sq. ft. Acres
Total Area:
23,609.52 sq. ft.
Depth:
116'
Frontage:
194'
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
RMU-20
Heating type:
Gas Forced Air Open
Garage:
Outside/Surface
Possession Details:
FLEXIBLE
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$26,985.94 / 2024
Assessment:
$- / -
Waterloo
Waterloo
Public Transit, Recreation/Community Centre
Utilities:
Available
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Retail
Date Listed:
Jul 02, 2025
Listed by ROYAL LEPAGE SIGNATURE REALTY
Data was last updated July 3, 2025 at 01:15 PM (UTC)
MARNIE PEDERSEN
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