282 ERB STREET W, Waterloo, ON N2L1W3
282 ERB STREET W, Waterloo, ON N2L1W3
282 ERB STREET W, Waterloo, ON N2L1W3
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$3,288,000
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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS® Listing ID X13007430

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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool 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 STREET W