$7,999,999
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205 209 Erb Street W, Waterloo, ON N2L1V6

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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. (id:58753)

Listing By: GEORGE PATRICK NAGEL - CENTURY 21 B.J. ROTH REALTY LTD. cncrea2 Realty.com
  • MLS® X13131374
  • Date Listed05/15/2026
  • Days on Realty 21 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Cross Streets: ERB ST W/WESTMOUNT RD S. ** Directions: North on Westmount Rd S turn Right on Erb St W.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N2L1V6

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

Walkability in ON / N2L1V6

Source: Walk Score

65/100

Somewhat Walkable

Walk Score ®

53/100

Good Transit

Transit Score ®

89/100

Very Bikeable

Bike Score ®

Overview

Some errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

10 nearby routes: 9 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 53/100, Transit Score: 44/100, Bike Score: 61/100.

Points of Interest near 205 209 ERB STREET W, Waterloo, ON N2L1V6

Frequently Asked Questions for 205 209 ERB STREET W

Source: Realty.com

205 209 ERB STREET W, Waterloo, ON N2L1V6 in Waterloo, ON N2L1V6 is a land listed at $7,999,999. Realty.ca has 9 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 9 photos of 205 209 ERB STREET W.

The full address for this home is 205 209 ERB STREET W, Waterloo, ON N2L1V6.

205 209 ERB STREET W has been listed on Realty.com since Fri May 15, 2026

Some errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 53/100, Transit Score: 44/100, Bike Score: 61/100.

Listing provided courtesy of: CENTURY 21 B.J. ROTH REALTY LTD.
Listing agent: GEORGE PATRICK NAGEL

This content last refreshed on 2026-06-05 18:36:57. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.