282 Erb ST W, Waterloo, ON N2L 1W3
282 Erb ST W, Waterloo, ON N2L 1W3
282 Erb ST W, Waterloo, ON N2L 1W3
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Paul Shantz

Paul Shantz

+1(519) 829-8656
$3,288,000
Est. payment /mo
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Key Details

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID X13007430

Annual Tax Amount $30,385

Tax Year 2026

Property Sub-Type Vacant Land

Property Description

Previously approved site plan for a 35-unit rental/condominium development, zoned RMU-20 (Residential Mixed Use)-a compelling opportunity tailored for small to mid-sized developers targeting a proven, high-demand rental corridor.Positioned just steps from the University of Waterloo and Wilfrid Laurier University, the property is ideally suited for student housing as well as potential senior/retirement-oriented rental concepts. The location offers consistent, year-round rental demand driven by a strong academic and local community base. Walking distance to both campuses, combined with a direct bus stop at the doorstep, ensures exceptional accessibility and enduring tenant appeal.Offered at land value with existing building permits in place (subject to amendment for updated plans), this is a rare, near shovel-ready development opportunity-allowing investors to accelerate timelines and unlock value with minimal upfront entitlement risk.

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Kitchen 0

Exterior

Waterfront Description None

Lot Frontage 73.77

Lot Depth 172.49

Others

ParcelsYN No

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Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD.

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Paul Shantz
Paul Shantz

Agent | License ID: 6008661

+1(519) 829-8656

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282 Erb ST W

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