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
Schedule a Tour
Schedule Private Tour
The TanTeam would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact The TanTeam, who specializes in Waterloo real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let The TanTeam find a property to match your lifestyle.
Listing provided by RE/MAX HALLMARK YORK GROUP REALTY LTD.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
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.




