Kathleen Taylor - Coldwell Banker Momentum Logo
$1,500,000
 $8,052 est/mo Sourced by Back At You

395 Erb Street,Waterloo, ON N2L 1W7

Waterloo, ON N2L 1W7

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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.

Details

MLS #40833555
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site84
Listing Provided ByBENJAMINS REALTY INC. | Angela Freiburger

Features

ZoningRMU-20 and By-law No. 2026-034
Acreage0.41

Interior

Cooling Yes / NoNo

Exterior

Lot FeaturesUrban, Rectangular, High Traffic Area, Highway Access, Public Transit, Schools

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Street Lights, Phone Available
SewerSewer (Municipal)

Taxes

Tax Annual Amount5151

Area Information

ProvinceON
RegionWaterloo
CityWaterloo
Postal CodeN2L 1W7
Area4 Waterloo West
Subarea417 Beechwood | University
Community Name417 Beechwood/University
Listing VS Median (in 417 Beechwood/University)
Price:
$1,500,000
low | high
Med:
$399,000
100% of Average
On site:
84
low | high
Med:
72
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Kathleen Taylor

Kathleen Taylor

Momentum Realty

Sales Representative (905) 246-1836kathleentaylorrealtor@gmail.com
ProvinceON
RegionWaterloo
CityWaterloo
Postal CodeN2L 1W7
Area4 Waterloo West
Subarea417 Beechwood | University
Community Name417 Beechwood/University
Listing VS Median (in 417 Beechwood/University)
Price:
$1,500,000
low | high
Med:
$399,000
100% of Average
On site:
84
low | high
Med:
72
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.125M - $1.875M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
393 Erb Street Property Photo 1
$1,300,000
393 Erb Street
Waterloo, ON N2L 1W7
391 Erb Street Property Photo 1
$985,000
391 Erb Street
Waterloo, ON N2L 1W7
379 Erb Street W Property Photo 1
$2,300,000
379 Erb Street W
Waterloo, ON N2L 1W7
207-384 Erb Street Property Photo 1
$365,000
207-384 Erb Street
Waterloo, ON N2L 1W6
306-384 Erb Street W Property Photo 1
$375,000
306-384 Erb Street W
Waterloo, ON N2L 1W6
Listing Updated: July 9, 2026 at 7:58:30 PM PDT

Kathleen Taylor - Coldwell Banker Momentum