440 Weber Street N,Waterloo, ON N2L4E7
Waterloo, ON N2L4E7
Description
440 Weber Street offers a rare land-banking and redevelopment opportunity in a prime North Waterloo growth corridor. The property comprises 2.318 acres with strong Weber Street frontage and is ideally located near the University of Waterloo, Wilfrid Laurier University, the UW Research & Technology Park, Conestoga Mall, and Uptown Waterloo. The site includes an approximately 9,000 square foot, two-storey commercial building, currently partially tenanted with the balance owner occupied, providing interim holding income and operational flexibility. Existing improvements support continued use while long-term redevelopment plans are evaluated. A large surface parking area further enhances future site planning potential. Zoned E1-40, the property permits a wide range of commercial and employment uses and presents significant long-term intensification potential. The surrounding area is evolving, with a neighbouring property advancing plans for a high-density mixed-use development, reinforcing the site’s appeal as a future redevelopment opportunity. This offering is well suited for developers and investors seeking scale, income during hold, and long-term upside in one of Waterloo’s most desirable and supply-constrained locations. (id:13843)
Details
| MLS # | 40800931 |
|---|---|
| Listing Type | For Sale |
| Style | Special Purpose |
| Status | Active |
| Days On Site | 276 |
| Listing Provided By | BOSLEY REAL ESTATE LTD., BROKERAGE | Chris Wehrle |
Features
| SQ Feet | 9,000 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Zoning | E1-40 |
| Acreage | 2.32 |
Exterior
| Lot Features | Visual exposure |
|---|
Taxes
| Tax Annual Amount | 22462 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Waterloo |
| Postal Code | N2L4E7 |
| Community Name | 114 Uptown Waterloo/North Ward |
| Listing VS Median (in 114 Uptown Waterloo/North Ward) | |
Price: $6,000,000 low | high Med: $417,950 sqft: 9,000 low | high Med: 883 $ / sqft: $667 low | high Med: $509 On site: 276 low | high Med: 55 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Waterloo |
| Postal Code | N2L4E7 |
| Community Name | 114 Uptown Waterloo/North Ward |
| Listing VS Median (in 114 Uptown Waterloo/North Ward) | |
Price: $6,000,000 low | high Med: $417,950 sqft: 9,000 low | high Med: 883 $ / sqft: $667 low | high Med: $509 On site: 276 low | high Med: 55 | |
