205 209 Erb Street W, Waterloo

Type: Lots and Land
Added: 1 month ago
Updated: 1 month ago
Last Checked: 1 week ago
Listed by: CENTURY 21 B.J. ROTH REALTY LTD.
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Listing description
This Vacant Lot at 205 209 Erb Street W Waterloo, ON with the MLS Number x12309085 listed by GEORGE PATRICK NAGEL - CENTURY 21 B.J. ROTH REALTY LTD. on the Waterloo market 1 month ago at $10,980,000.

This land assembly, totaling 0.89 acres, presents a compelling development potential opportunity with 3 existing income-generating properties situated in the heart of Waterloos energetic uptown core. In 2024, a development concept was brought forward to the City of Waterloo, outlining a 12-story residential apartment building with 129 units. The plan includes 17 parking spaces located at grade behind the building, complemented by additional underground parking whose quantity has yet to be specified. The project adheres to the area's zoning regulations and complies with both the Official Plan and applicable Zoning By-Laws, including matching the scale and height of surrounding developments. This prime location lies within one of Waterloos most desirable neighborhoods and falls inside the Willis Way Protected Major Transit Station Area (PMTSA), where minimum parking requirements are waived under Bill 185. The vision for the residential development centers around connected urban living, offering future residents immediate access to restaurants, boutiques, entertainment, and cultural attractions. With nearby schools, green spaces, institutions, and modern infrastructure enhancements, this site is exceptionally well-positioned to benefit from long-term growth, sustained demand, and increasing value. The seller and their representative make no guarantees about the property's future use or development potential regardless of any of the favorable information noted. The buyer is fully responsible for investigating all current and future matters related to the property and future development. Image of the 12 story building in the listing is merely a virtual rendering to help give some perspective on what may be possible. (id:1945)

Exterior & Lot Features Learn about the exterior and lot specifics of 205 209 Erb Street W

Lot Size Dimensions: 130.62 x 287.57 FT

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Nearby Listings Stat Estimated price and comparable properties near 205 209 Erb Street W

Active listings

524

Min Price

Max Price

$10,980,000

Avg Price

$747,783

Days on Market

61 days

Sold listings

169

Min Sold Price

$149,999

Max Sold Price

$1,999,999

Avg Sold Price

$641,163

Days until Sold

63 days

Nearby Places Nearby schools and amenities around 205 209 Erb Street W

Perimeter Institute for Theoretical Physics (0.9 km)
31 Caroline St N, Waterloo

Waterloo Memorial Recreation Complex (0.6 km)
101 Father David Bauer Dr, Waterloo

The Canadian Clay and Glass Gallery (0.9 km)
25 Caroline St N, Waterloo

Conrad Grebel University College (1.1 km)
140 Westmount Rd, Waterloo

St. Paul's University College (1.3 km)
190 Westmount Rd N, Waterloo

St Jerome's University (1.4 km)
Waterloo

Renison College (1.4 km)
240 Westmount Rd N, Waterloo

Huether Hotel (1.3 km)
59 King St N, Waterloo

The Bauer Kitchen (1.3 km)
187 King St S #102, Waterloo

Price History

Listed

July 26, 2025

by CENTURY 21 B.J. ROTH REALTY LTD.

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