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
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13007430
Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD.
On market since Apr 16, 2026
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 Alex Morgan at +16471112222 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.
