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159-165 Erb Street W Waterloo, Ontario N2L 1V2

$4,388,000

Compelling Opportunity! Four parcel land assembly featuring 0.542 acres of RMU-20 zoned land available in perhaps the most exciting area in Waterloo! 194 feet of frontage! Situated steps to Waterloo Park's LRT station (about 200 meters) this IS the most intriguing site in Waterloo on the market. Uptown Waterloo, with its shops and nightlight, Waterloo Park and Waterloo Rec Centre are a quick walk away. Both universities are accessible by LRT - just a stop away! CIGI down the street. Perimeter Institute and Clay and Glass museum around the corner. Warehouse the site now and work on your development plans. One owner owns all four parcels - only one negotiating party. RMU-20 zones allows for multi-unit residential building, mixed use building with dwelling units about first story, freehold towns, stacked townhome buildings, long term assisted care facility and more! Seller has conceptual, architectural drawings for 64 unit build. This is a rare development opportunity in the Uptown core. Why settle for a tertiary location when you can own The Best? Opportunity knocks - will you answer? (id:46441)

Property Details

MLS® Number 40553537
Property Type Vacant Land
Amenities Near By Public Transit, Schools
Features Southern Exposure

Building

Basement Type None
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 116 Ft
Size Frontage 194 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rmu-20

Utilities

Electricity Available
Natural Gas Available

https://www.realtor.ca/real-estate/26638904/159-165-erb-street-w-waterloo

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