$4,950,000
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632 Colby Drive, Waterloo on N2V 1A2, Waterloo, ON N2V 1A2

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632 Colby Drive is a 16, 000 SF multi-tenant industrial property offering nine individually metered units ranging from 1, 000 to 4, 000 sq. ft. Constructed in the mid-1980s, each unit features 16 ft clear ceiling height, one to two drive-in doors per unit, upgraded electrical panels and transformers, and many include mezzanine storage. The property generates a projected NOI of approximately $300, 000, providing stable cash flow for investors / owner users. Additional highlights include a clean Phase II ESA, a quality surveillance system, and 65 on-site parking stalls. Situated just off Northfield Drive with direct access to Highway 8, this turnkey asset combines strong financial performance with an excellent location in Waterloos established industrial corridor.

Listing By: Brooks Way - COUPAL MARKOU COMMERCIAL REAL ESTATE INC. cnitso Realty.com
  • MLS® 40812843
  • Date Listed03/23/2026
  • Days on Realty 73 Days
  • Bedrooms 0
  • Bathrooms
  • Lot Size 1 acres (43,691 sq. ft)
  • County Waterloo

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 1.00
  • Lot Size SQFT 43,690.68
  • Lot Features Irregular Lot, Industrial Park, Other

Directions

Located on Colby Drive, near King Street N and Northfield Drive W.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N2V 1A2

Discover key demographics, population statistics, and environmental insights for the Waterloo, ON area.

Walkability in ON / N2V 1A2

Source: Walk Score

39/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

42/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 40/100, Transit Score: 31/100, Bike Score: 56/100.

Points of Interest near 632 Colby Drive, Waterloo ON N2V 1A2, Waterloo, ON N2V 1A2

Frequently Asked Questions for 632 Colby Drive, Waterloo ON N2V 1A2

Source: Realty.com

632 Colby Drive, Waterloo ON N2V 1A2, Waterloo, ON N2V 1A2 in Waterloo, ON N2V 1A2 is a other listed at $4,950,000. Highlights include 1.00 acre lot. Realty.ca has 1 photos, sales history, school insights, and mortgage tools for this listing.

The full address for this home is 632 Colby Drive, Waterloo ON N2V 1A2, Waterloo, ON N2V 1A2.

632 Colby Drive, Waterloo ON N2V 1A2 has been listed on Realty.com since Mon March 23, 2026

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 40/100, Transit Score: 31/100, Bike Score: 56/100.

Listing provided courtesy of: Coupal Markou Commercial Real Estate Inc. (tel: 519-742-7000)
Listing agent: Brooks Way (tel: 519-242-8642)

This content last refreshed on 2026-06-04 18:14:47. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.