159-165 Erb Street W Waterloo, Ontario N2L 1V2
$3,800,000
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:47351)
Property Details
| MLS® Number | 40686040 |
| Property Type | Vacant Land |
| AmenitiesNearBy | Public Transit, Schools |
| Features | Southern Exposure |
Building
| BasementType | None |
| UtilityWater | Municipal Water |
Land
| AccessType | Road Access |
| Acreage | No |
| LandAmenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| SizeDepth | 116 Ft |
| SizeFrontage | 194 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Rmu-20 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/27751143/159-165-erb-street-w-waterloo
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December 21 2024 03:43:58
Kitchener-Waterloo Association of REALTORS®
Chestnut Park Realty Southwestern Ontario Ltd., Brokerage