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Listed price in listed location currency (CAD).
$985,000

000

MLS® 40833589

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Land
Size -
Garage 
Taxes $5,658
Days Active 0
Lot Size 
Approx. Age 
MLS® Number 40833589

Property Address: 391 Erb Street, Waterloo, ON, N2L1W7

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

Description

Offered together as a land assembly, 391, 393, and 395 Erb Street West comprise a combined 0.896-acre site (approximately 39, 030 sq. ft.) in the highly desirable Waterloo West neighbourhood. Positioned along the Erb Street corridor, these properties benefit from convenient connectivity to Uptown Waterloo, the ION LRT, University of Waterloo, employment hubs, shopping, and everyday amenities. The site’s nearly 200' x 200' square configuration and large road frontage create an ideal canvas for future redevelopment. The properties fall within the City of Waterloo’s recently approved Community Planning Permit By-law – Erb Street Corridor, an innovative planning framework designed to streamline development approvals. The site offers an opportunity to redevelop a 6-storey mixed-use building or stacked townhouse condominiums, with up to 450 bedrooms per hectare. Existing residential dwellings on the properties may provide interim rental income while future plans and approvals are pursued. An excellent opportunity to participate in Waterloo Region’s continued expansion and intensification with a large-scale redevelopment.
MLS® Number40833589
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementNone
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 1, 2026List Date
$985,000List Price
  • Commute

Commute

Starting Address
Destination Address
391 Erb St W, Waterloo, ON
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