For Sale: 205-209 Erb Street W, Waterloo, ON - REW
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$7,999,999
0 bd • 0 ba • sf • Land/Lot
205-209 Erb Street W
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$7,999,999
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205-209 W Erb StreetWaterloo, ON, N2L 1V6

  • 0 Bed
  • 0 Bath
  • Sqft
  • Land/Lot

About this home

This land assembly, totaling 0.86 acres, presents a compelling development potential opportunity with 3 existing income-generating properties situated in the heart of Waterloos energetic uptown core. In 2024, a development concept was brought forward to the City of Waterloo, outlining a 12-story residential apartment building with 129 units. The plan includes 17 parking spaces located at grade behind the building, complemented by additional underground parking whose quantity has yet to be specified. The project adheres to the area's zoning regulations and complies with both the Official Plan and applicable Zoning By-Laws, including matching the scale and height of surrounding developments. This prime location lies within one of Waterloos most desirable neighborhoods and falls inside the Willis Way Protected Major Transit Station Area (PMTSA), where minimum parking requirements are waived under Bill 185. The vision for the residential development centers around connected urban living, offering future residents immediate access to restaurants, boutiques, entertainment, and cultural attractions. With nearby schools, green spaces, institutions, and modern infrastructure enhancements, this site is exceptionally well-positioned to benefit from long-term growth, sustained demand, and increasing value. The seller and their representative make no guarantees about the property's future use or development potential regardless of any of the favorable information noted. The buyer is fully responsible for investigating all current and future matters related to the property and future development. Image of the 12 story building in the listing is merely a virtual rendering to help give some perspective on what may be possible.
Listed by: George Patrick Nagel, Salesperson, CENTURY 21 B.J. ROTH REALTY LTD.

Home facts and features

Price details
List Price
$7,999,999
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Gross Taxes for 2025
$15,936
Home facts
Bedrooms
0
Full Bathrooms
0
Property Type
Land/Lot
Lot Size
130 ft x 287 ft (37562 ft²)
Depth
287.57
Frontage
130.62
Agent details
Primary Agent
Primary Broker
CENTURY 21 B.J. ROTH REALTY LTD.
Listing details
Days on REW
26 Days
Property Views
21
MLS® Number
X13131374
Source
Toronto Real Estate Board
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Property Insights

Our Lady of Lourdes Catholic Elementary School
  • Catholic
  • JK - 8
Empire Public School
  • Public
  • JK - 6
Keatsway Public School
  • Public
  • JK - 6
Centennial (Waterloo) Public School
  • Public
  • 7 - 8
MacGregor Public School
  • Public
  • 6 - 8
Elizabeth Ziegler Public School
  • Public
  • JK - 6
Waterloo Collegiate Institute
  • Public
  • 9 - 12
Holy Rosary Catholic Elementary School
  • Catholic
  • JK - 8
Resurrection Catholic Secondary School
  • Catholic
  • 9 - 12
Mary Johnston Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-08.
Call Agent
Salesperson
George Patrick Nagel
Phone:
(705) 794-9888
Cell:
705-794-9888
Office:
705-721-9111
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