Seize the chance to acquire this rare four-parcel land assembly, encompassing 0.542 acres of RMU-20 zoned land in a highly sought-after location in Waterloo. 194 feet of frontage and positioned just 200 meters from Waterloo Park's LRT station, UpTown Waterloo and other high density buildings this property is perfectly situated for your next project. This prime location offers unparalleled access to Uptown Waterloo’s vibrant amenities, including trendy shops, restaurants, and entertainment. Steps away, you’ll find Waterloo Park, the Recreation Centre, and cultural gems like the Perimeter Institute and CIGI campus. With both universities just one LRT stop away, this site is perfectly positioned to meet the needs of students, professionals, and residents alike. RMU-20 zoning provides incredible flexibility, permitting multi-unit residential buildings, mixed-use developments, townhomes, or even long-term care facilities. Additionally, conceptual plans for a 64-unit development are available to help you jumpstart your vision. Don’t miss this opportunity to shape the future of one of Waterloo’s most exciting and desired neighbourhoods! (id:4069)
Address
159-165 ERB Street W
List Price
$3,800,000
Property Type
Vacant Land
Area
Ontario
Sub-Area
Waterloo
MLS® Number
40686040
Listing Brokerage
Chestnut Park Realty Southwestern Ontario Ltd., Brokerage
Basement Area
None
Postal Code
N2L1V2
Zoning
RMU-20
Site Influences
Public Transit, Schools
Features
Southern exposure
