282 ERB STREET W Waterloo

282 ERB STREET W, Waterloo, Ontario

$3,288,000

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:50212)

  • Listing ID: X13007430
  • Property Type: Vacant Land

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Details

  • Transaction: For sale
  • Zoning Description: Rmu-20 Residential Mixed-Use Zone

Building

  • Fireplace Present: False
  • Utility Water: Municipal water

Land

  • Size Frontage: 73 ft ,9 in
  • Size Irregular: 73.77 x 172.49 FT
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Listing provided by RE/MAX HALLMARK YORK GROUP REALTY LTD.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 282 ERB STREET W in Waterloo Ontario. It was last modified on April 16th, 2026. Contact The TanTeam to schedule a viewing or to discover other Waterloo real estate for sale.

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