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Listed price in listed location currency (CAD).
$1,400,000

000

MLS® 40800344

  • Key Facts
  • Description
  • Map

Key Facts

Type Commercial Land
Levels Land
Size -
Garage No
Taxes $4,247
Days Active 11
Lot Size 
Approx. Age 
MLS® Number 40800344

Property Address: 120 King St N, Waterloo, ON, N2J2X8

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Development Opportunity in the heart of Uptown Waterloo! Prime location at the coveted intersection of King Street and Central Street, ideally situated between University Avenue and Bridgeport Road. This 50 ft x 125 ft lot offers outstanding potential for redevelopment with zoning that allows construction up to 18 storeys (U1-60 – Uptown Core). Concept plans (available in attachments) propose an 11-unit building with a total of 41 bedrooms and 3 commercial units on the main level — or bring your own design to take full advantage of this unique zoning. The property is within walking distance to both the University of Waterloo and Wilfrid Laurier University, surrounded by a vibrant mix of retail, dining, and amenities. This is one of the most desirable sites in Waterloo Region, offering excellent exposure, strong growth potential, and ideal suitability for a new commercial or mixed-use development. The existing structure is being sold “as is, where is” and must be demolished by the Buyer. The City of Waterloo has expressed support for new business and redevelopment initiatives in this area. Don’t miss this rare opportunity to secure a premium Uptown Core property with exceptional potential for future growth.
MLS® Number40800344
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 9, 2026List Date
$1,400,000List Price
  • Commute

Commute

Starting Address
Destination Address
120 King St N, Waterloo, ON

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