$985,000
Unlock Price Rating!

391 Erb Street, Waterloo on N2L 1W7, Waterloo, ON N2L 1W7

 Contact

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 sites nearly 200' x 200' square configuration and large road frontage create an ideal canvas for future redevelopment. The properties fall within the City of Waterloos 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 Regions continued expansion and intensification with a large-scale redevelopment.

Listing By: Angela Freiburger - BENJAMINS REALTY INC. cnitso Realty.com
  • MLS® 40833589
  • Date Listed06/01/2026
  • Days on Realty 4 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.23 acres (9,801 sq. ft)
  • County Waterloo

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.23
  • Lot Size SQFT 9,801.00
  • Lot Features Urban, Rectangular, City Lot, High Traffic Area, Highway Access, Public Transit, Schools

Directions

Off of Fischer-Hallman Road N or University Avenue West

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N2L 1W7

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

Walkability in ON / N2L 1W7

Source: Walk Score

63/100

Somewhat Walkable

Walk Score ®

48/100

Some Transit

Transit Score ®

82/100

Very Bikeable

Bike Score ®

Overview

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

Transit Summary

7 nearby routes: 7 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 49/100, Transit Score: 41/100, Bike Score: 59/100.

Points of Interest near 391 Erb Street, Waterloo ON N2L 1W7, Waterloo, ON N2L 1W7

Frequently Asked Questions for 391 Erb Street, Waterloo ON N2L 1W7

Source: Realty.com

391 Erb Street, Waterloo ON N2L 1W7, Waterloo, ON N2L 1W7 in Waterloo, ON N2L 1W7 is a mixed use listed at $985,000. Highlights include 0.23 acre lot. Realty.ca has 7 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 7 photos of 391 Erb Street, Waterloo ON N2L 1W7.

The full address for this home is 391 Erb Street, Waterloo ON N2L 1W7, Waterloo, ON N2L 1W7.

391 Erb Street, Waterloo ON N2L 1W7 has been listed on Realty.com since Mon June 01, 2026

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

The average walkability score in the surrounding area is Walk Score: 49/100, Transit Score: 41/100, Bike Score: 59/100.

Listing provided courtesy of: Benjamins Realty Inc. - itso (tel: 519-575-9092)
Listing agent: Angela Freiburger (tel: 519-504-0439)

This content last refreshed on 2026-06-05 05:55:21. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.