For Sale

159-165 Erb Street, Waterloo, Ontario N2L 1V2

$0

159-165 Erb Street, Waterloo, Ontario N2L 1V2 is For Sale and has a listing price of 3,349,000. The property is located in the Waterloo . It's been on the website for 81 Days.

  • Investment
    Property Type
  • MLS ID: X12257866
  • Office Name ROYAL LEPAGE SIGNATURE REALTY
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.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12257866
  • Price: $3,349,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 116
  • Ref ID: X12257866
  • Dir / Cross St: Erb West and Roslin
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
Price History
List Date MLS ID List Price Status End Date Closed Price
07/14/2025 X12284119 $1 For Sale - -
07/02/2025 X12257866 $3,349,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Waterloo
  • $804,747 Average List Price
    based on 1 year
  • 300 New Listings
    based on 30 days
  • 87 Median Days on Market
    based on 1 year
  • List vs. Selling Price 114.67 % Up
  • Sold (12mo) 625
  • Rented (12mo) 240

  • 1 Month Change +32.3%
  • 3 Month Change -5.1%
  • 6 Month Change -7.6%
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Outside/surface
  • Taxes: $26,986
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: FLEXIBLE
  • Listing Entry Date: 02/07/2025 23:03:24
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