282 Erb Street W, Waterloo, ON N2L 1W3
Waterloo
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 282 Erb Street W, Waterloo, ON N2L 1W3
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MLS# X13007430
Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD.
On market since Apr 16, 2026
What comparable homes actually sold for in the last 12 months.
282 Erb Street W, Waterloo, ON N2L 1W3 is listed for $3,288,000 CAD.
282 Erb Street W, Waterloo, ON N2L 1W3 has 0 bedrooms and 0 bathrooms.
282 Erb Street W, Waterloo, ON N2L 1W3 is a Vacant Land.
282 Erb Street W, Waterloo, ON N2L 1W3 is in Waterloo, Ontario.
282 Erb Street W, Waterloo, ON N2L 1W3 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 282 Erb Street W, Waterloo, ON N2L 1W3 (MLS# X13007430). You can also send a message through the contact form on this site.
