391 ERB Street, WATERLOO

2026-06-02
 

Quick Summary

Location
391 ERB Street, WATERLOO, Ontario N2L1W7
Price
$985,000 CAD
Status:
For Sale
Property Type:
Vacant Land

MLS®#40833589

Property Description

Offered together as a land assembly, 391, 393, and 395 Erb Street West comprise a combined 0.896-acre site (approximately 39,030 sq. ft.) in the highly desirable Waterloo West neighbourhood. Positioned along the Erb Street corridor, these properties benefit from convenient connectivity to Uptown Waterloo, the ION LRT, University of Waterloo, employment hubs, shopping, and everyday amenities. The site’s nearly 200' x 200' square configuration and large road frontage create an ideal canvas for future redevelopment. The properties fall within the City of Waterloo’s recently approved Community Planning Permit By-law – Erb Street Corridor, an innovative planning framework designed to streamline development approvals. The site offers an opportunity to redevelop a 6-storey mixed-use building or stacked townhouse condominiums, with up to 450 bedrooms per hectare. Existing residential dwellings on the properties may provide interim rental income while future plans and approvals are pursued. An excellent opportunity to participate in Waterloo Region’s continued expansion and intensification with a large-scale redevelopment. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit, Schools

Building

  • Basement Type: None
  • Fireplace: No
  • Utility Water: Municipal water

Land

  • Land Size: 0.225 ac|under 1/2 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: RMU-20 and By-law No. 2026-034

Information entered by BENJAMINS REALTY INC.
Listing information last updated on: 2026-06-02 16:16:17


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