Space
Finished area and layout
- Building Area
- 0.23 ac
+2 more
0.23 ac
Building Area
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
- commercial
- Style
- land / Mixed Use
Lot
Land, frontage and setting
- Zoning
- RMU-20 and By-law No. 2026-034
Costs
Price, taxes and monthly charges
About This Property
This land in Waterloo offers 0.23 ac of building area. The property has zoned RMU-20 and By-law No. 2026-034.
MLS Remarks
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.
Full Listing Details
Address391 Erb Street W, Waterloo, ON N2L 1W7
MLS#X13224306
Listing StatusNew
Property TypeCommercial
Sub-TypeLand
TransactionSale
List DateJun 1, 2026
Days on Market146
Annual Tax$5,658 (2025)
Possession DetailsFlexible
StyleMixed Use
CityWaterloo
ProvinceOn
Postal CodeN2L 1W7
Lot Size0 sqft
ZoningRMU-20 and By-law No. 2026-034
UtilitiesAvailable
SewerSanitary
Annual Tax$5,658 (2025)
Off of Fischer-Hallman Road N or University Avenue West
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