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$3,288,000
Ontario,Waterloo
For Sale Active
282 ERB STREET W, Waterloo, Ontario N2L1W3
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Basic Details
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:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X13007430
  • Price: $3,288,000
  • Status: Active
  • Property Sub Type: Vacant Land
  • Office Key: 51515
Features & Appliances
Features
  • Utilities: Electricity, Sewer, Cable
Address Map
  • Location: CA, Ontario, Waterloo, N2L1W3
  • Street: Erb
  • Street Number: 282
  • Street Suffix: Street
  • Longitude: W81° 27' 32.3''
  • Latitude: N43° 27' 26.9''
  • Street Dir Suffix: West
Additional Information
  • Water Source:
  • Lot Size Dimensions: 73.77 x 172.49 FT
Financial
  • Tax Annual Amount: 30385.3
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Listing updated: 2026-04-16 17:00:44
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Listing Information
  • List Agent Key: 2198072
  • List Office Key: 51515
  • Modification Timestamp: 2026-04-16T17:30:31Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-04-16T17:16:04Z
Powered by REALTOR.ca
Listing updated: 2026-04-16 17:00:45
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