440 WEBER Street North, Waterloo, Ontario N2L4E7
Listing courtesy of BOSLEY REAL ESTATE LTD., BROKERAGE.
- $4,999,999
- 9,000
- SqFt
- List Price
- $4,999,999
- Price Change
- ▼ $1,000,001 1781394831
- MLS®
- 40800931
- Days on Market
- 181
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- Institutional - Special Purpose
- Living Area
- 9,000
- Lot Size Dimensions
- 2.318
- Lot Size
- 100,972
- Subdivision
- 114 - Uptown Waterloo/North Ward
Property 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:5764)
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Additional Information
- Ownership
- Freehold
- Basement Features
- Full
- Basement
- Yes
- Subdivision
- 114 - Uptown Waterloo/North Ward
- Country
- Canada
- Sewer
- Municipal sewage system
- Community Features
- High Traffic Area
- Lot Features
- Visual exposure
- Stories
- 2
- Lot Size
- 100,972
