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    For Sale - 282 Erb Street, Waterloo, Ontario

    Est payment $15,789/mo
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    Views   1
    Time on Jump  62 day

    AI Summary *

    • Previously approved site plan for a 35-unit rental or condo development.
    • Zoned for residential mixed use, ideal for small to mid-sized developers.
    • Steps from the University of Waterloo and Wilfrid Laurier University.
    • Consistent rental demand driven by strong academic and local community base.
    • Exceptional accessibility with walking distance to campuses and direct bus stop.




    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.
    Listing IDX13007430
    Address282 Erb Street
    CityWaterloo, Ontario
    Price$3,288,000
    StyleVacant Land
    TypeVacant Land
    StatusFor Sale

    Subtype Vacant LandOwnership FreeholdWaterfront NoneSewer None

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    Listing Agency:  RE/MAX HALLMARK YORK GROUP REALTY LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    282 Erb Street
    Waterloo , Ontario
    $3,288,000
    Get more info