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282 ERB STREET W
Waterloo Ontario N2L1W3 Canada

$3,288,000

Active Listing ID X13007430
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Vacant Land

$3,288,000

Active Listing ID X13007430
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282 ERB STREET W 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. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Vacant Land
  • Additional Features
  • Basement
Listing Changed: 4/16/2026 5:30:31 PM GMT
Source Updated Date: 4/23/2026 8:04:46 AM GMT

Courtesy of: MERRICK BAO, Salesperson, RE/MAX HALLMARK YORK GROUP REALTY LTD.