Prime Development Opportunity in the Heart of Waterloo, An exceptional 0.542-acre land assembly in the dynamic core of Waterloo, boasting an impressive 194 ft of frontage and zoned RMU-20 (Residential Mixed-Use). Strategically located just steps from Waterloo Park, the LRT station, and minutes from Uptown Waterloo's thriving amenities including shops, dining, the recreation center, and cultural institutions. This rare offering combines four contiguous parcels under single ownership combined, FOR $3,349,000.00 streamlining negotiations and accelerating your path to development. Whether you're envisioning a multi-unit residential complex, mixed-use development, or a care facility, this site offers flexibility and long-term value. With convenient transit access to Wilfrid Laurier University, University of Waterloo, CIGI, and more, this location promises high rental demand and future appreciation.
For sale
C$1
165 Erb St W #159, Waterloo, ON N2L 1V2
9beds
7baths
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 20 days
- on Zillow |
- 63 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: July 14, 2025 at 01:47pm
Listed by:
ROYAL LEPAGE SIGNATURE REALTY
Source: TRREB,MLS®#: X12284119
Originating MLS®#: Toronto Regional Real Estate Board

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 7
Heating
- Forced Air, Gas
Cooling
- Central Air
Features
- Other
- Basement: Full
- Has fireplace: No
Interior area
- Living area range: 3500-5000 null
Property
Parking
- Total spaces: 12
- Parking features: Available, Private
Features
- Stories: 1.5
- Pool features: None
Lot
- Size: 0.52 Acres
- Features: Hospital, Park, Place Of Worship, Public Transit, School, School Bus Route, Irregular Lot
Details
- Additional structures: Storage
- Parcel number: 224090070
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
- Water: Water System
Community & HOA
Location
- Region: Waterloo
Financial & listing details
- Annual tax amount: C$26,985
- Date on market: 7/14/2025
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