$3,288,000

282 Erb Street W, Waterloo, ON N2L 1W3

WaterlooVacant Land

0 beds0 baths

Key facts

MLS®

X13007430

Status

New

Type

Vacant Land

Taxes

$30,385

Listed

2026-04-16

Brokerage

RE/MAX HALLMARK YORK GROUP REALTY LTD.

Cross street

University

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.

IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.