395 ERB Street, Waterloo, ON N2L1W7
395 ERB Street, Waterloo, ON N2L1W7
395 ERB Street, Waterloo, ON N2L1W7
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Paul Shantz

Paul Shantz

+1(519) 829-8656
$1,500,000
Est. payment /mo
0.41 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision 417 - Beechwood/University

MLS® Listing ID 40833555

Lot Size 0.412 Acres

Acres 0.412

Property Sub-Type Freehold

Property Description

Offered together as a land assembly, 391, 393, and 395 Erb Street West comprise a combined 0.896-acre site (approximately 39,030 sq. ft.) in the highly desirable Waterloo West neighbourhood. Positioned along the Erb Street corridor, these properties benefit from convenient connectivity to Uptown Waterloo, the ION LRT, University of Waterloo, employment hubs, shopping, and everyday amenities. The site's nearly 200' x 200' square configuration and large road frontage create an ideal canvas for future redevelopment. The properties fall within the City of Waterloo's recently approved Community Planning Permit By-law – Erb Street Corridor, an innovative planning framework designed to streamline development approvals. The site offers an opportunity to redevelop a 6-storey mixed-use building or stacked townhouse condominiums, with up to 450 bedrooms per hectare. Existing residential dwellings on the properties may provide interim rental income while future plans and approvals are pursued. An excellent opportunity to participate in Waterloo Region's continued expansion and intensification with a large-scale redevelopment. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Exterior

Parking Features No

Community Features High Traffic Area

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

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Paul Shantz
Paul Shantz

Agent | License ID: 6008661

+1(519) 829-8656

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395 ERB Street

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