For Sale

186 Mechanic Street, Waterloo, Ontario N0E 1Y0

$3,300,000

186 Mechanic Street, Waterloo, Ontario N0E 1Y0 is For Sale and has a listing price of 3,300,000. The property is located in the Waterloo . It's been on the website for 109 Days.

  • Land
    Property Type
  • MLS ID: X12165990
  • Office Name ROYAL LEPAGE SIGNATURE REALTY
Property Description

Shovel Ready For 44 Townhome Units. PRICE REDUCTION PRIME WATERFRONT DEVELOPMENT OPPORTUNITY IN WATERFORD, ONNow offered at a reduced price, this exceptional 6-acre residential development parcel in Waterford, Ontario, presents a rare opportunity for builders and investors. Featuring Draft Plan Approval for 44 townhomes, the site is waterfront, ready to service, and includes architectural and elevation drawings to streamline the development process. A secure Data Room is available upon signing a Non-Disclosure Agreement.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12165990
  • Price: $3,300,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 210.75
  • Ref ID: X12165990
  • Dir / Cross St: Mechanic St W & Norfolk St
  • Status: Active
  • Tax Year: 2025
  • Property Type: Land
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
05/22/2025 X12165990 $3,300,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Waterloo
  • $803,734 Average List Price
    based on 1 year
  • 272 New Listings
    based on 30 days
  • 87 Median Days on Market
    based on 1 year
  • List vs. Selling Price 113.6 % Up
  • Sold (12mo) 627
  • Rented (12mo) 238

  • 1 Month Change +24.1%
  • 3 Month Change -11.0%
  • 6 Month Change -13.3%
Walkscore
Additional Details
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Vacant
  • Listing Entry Date: 22/05/2025 16:40:26
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