Aerial view of a residential area with dense tree coverage, featuring a property outlined in red

393 ERB Street

417 - Beechwood/University, Waterloo, Ontario N2L1W7
Offered at $1,300,000
0.26Acres
The Residence

Vacant Land in 417 - Beechwood/University

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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.

MLS® Number40833566
Price$1,300,000
Property TypeVacant Land
Lot Size0 acres
Frontage58 feet
OwnershipFreehold
ZoningRMU-20 and By-law No. 2026-034
Annual Property Tax$5,918
Days on Market166
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Map & Location
Address393 ERB Street
Community417 - Beechwood/University
CityWaterloo
ProvinceOntario
Postal CodeN2L1W7
CountryCanada
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