A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 159-165 Erb St, Waterloo Ontario N2L 1V2
1 day on Market

159-165 Erb St, Waterloo, Ontario N2L 1V2

Townhouse
9
7
~3500-5000 sqft
$1
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Townhouse
9
7
~3500-5000 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$0/sqft

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+2

Properties sold*

$667K

Median sold price*

*Based on last 30 days

Description

Prime Development Opportunity in the Heart of Waterloo, An exceptional 0.542-acre land assembly in the dynamic core of Waterloo, boasting an impressive 194 ft of frontage and zoned RMU-20 (Residential Mixed-Use). Strategically located just steps from Waterloo Park, the LRT station, and minutes from Uptown Waterloo's thriving amenities including shops, dining, the recreation center, and cultural institutions. This rare offering combines four contiguous parcels under single ownership combined, FOR $3,349,000.00 streamlining negotiations and accelerating your path to development. Whether you're envisioning a multi-unit residential complex, mixed-use development, or a care facility, this site offers flexibility and long-term value. With convenient transit access to Wilfrid Laurier University, University of Waterloo, CIGI, and more, this location promises high rental demand and future appreciation.


Property Details

Style1 1/2 Storey
View-
Age of property-
SqFt~3500-5000 SqFt
Lot Size22,504 SqFt(116 x 194)
Parking Spaces12
MLS ®NumberX12284119
Community NameCentral
Data SourceTRREB
Listing byROYAL LEPAGE SIGNATURE REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full

Features

Lot size: 22,504 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 12


Market Data - Central

Geo Zone Map ThumbnailCentral

Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

52 days

Compared to

2024

19 days

2023

21 days

2022

7 days

New Listings

Past 30 days

2 listings

Compared to

2024

5 listings

2023

2 listings

2022

5 listings

Units sold

Past 30 days

2 units

Compared to

2024

2 units

2023

1 unit

2022

1 unit

Median Sold Price

Past 30 days

$547,500

Compared to

2024

$666,500

2023

$475,000

2022

$422,000


Population and Demographics

Overview

Total population 13995
Average household income $123,262

Age (%)

0 to 19
13%
20 to 34
38%
35 to 49
15%
50 to 64
13%
65 and plus
21%

Household composition (%)

Single person
44%
Single family
43%
Multi person
13%
Multi family
0%

Mother tongue (%)

English
79%
Others
5%
Mandarin
5%
German
2%
Spanish
1%
French
1%
Hindi
1%
Arabic
1%

House tenancy (%)

Renters
64%
Owners
36%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget