ON
Waterloo
N2L1W3
282 Erb W Street
282 Erb W Street, Waterloo, ON N2L1W3
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Listing Type
Lots/Land
Listing Status
Active
3
$3,288,000

Home Details for 282 Erb W Street

Price
$3,288,000
Type
Land
Lot size acres
0.29
Listing #
X13006896
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:31684)

Property Features
    Listing Courtesy: RE/MAX HALLMARK YORK GROUP REALTY LTD.
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    EXIT INTEGRITY REALTY, BROKERAGE
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