Exciting Development Opportunity in Uptown Waterloo’s Sought-After Mary Ellen Neighbourhood! This prime property offers unparalleled potential in one of Waterloo’s most desirable locations. Situated on a generous lot extending from Mary Street to Dodds Lane, it features dual access—a rare find that opens up endless possibilities. Whether you envision building a luxurious single-family home with a spacious rear garage or capitalizing on the incredible development potential, the choice is yours. With the City of Waterloo now permitting up to four units per semi-detached lot, this property can potentially accommodate up to eight residential units (buyer to verify with city planning). Located just one block from King Street, this property is steps away from the vibrant heart of Uptown Waterloo. Enjoy boutique shopping, fine dining, entertainment, and more—all within walking distance. Seize this rare opportunity to create something extraordinary in an unbeatable location. Whether for personal use, investment, or development, the possibilities here are truly exceptional. Please note: 223 Mary Street and 9 John Street currently share a merged title, but the seller will apply for a technical severance, ensuring each property will have its own separate lot and title. The proposed boundary line has been outlined (see photos for reference).
Lot/land
C$895,000
223 Mary St, Waterloo, ON N2J 1S3
--beds
--baths
6,969.6Square Feet
Residential, Unimproved Land
Built in ----
6,969.6 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Prime propertyGenerous lotDual access
- 195 days
- on Zillow |
- 20 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 08, 2025 at 02:18pm
Listed by:
Jake Benjamins, Broker of Record,
BENJAMINS REALTY INC.
Source: ITSO,MLS®#: 40692640Originating MLS®#: Waterloo Region Association of REALTORS® (WRAR)
Travel times
Facts & features
Interior
Features
- Has fireplace: No
Property
Features
- Frontage type: West
- Frontage length: 56.84
Lot
- Size: 6,969.6 Square Feet
- Dimensions: 56.84 x 125.86
- Features: Urban, City Lot
Details
- Additional parcels included: 224150110
- Parcel number: 224150022
- Zoning: R4
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
- Utilities for property: Cable Available, Electricity Available, Natural Gas Connected
Community & HOA
Location
- Region: Waterloo
Financial & listing details
- Annual tax amount: C$5,866
- Date on market: 1/23/2025
- Electric utility on property: Yes
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