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$985,000
38 Days On Site

391 Erb Street
Waterloo, ON N2L 1W7

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
County:
Waterloo
Call Now: 226-457-2545
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226-457-2545
391 Erb Street391 Erb Street391 Erb Street391 Erb Street
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Monthly Payment (Est.)

$4,494
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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

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Listing Snapshot
Price 
$985,000
Days On Site 
38 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.225 Acres
Year Built 
N/A
MLS® Number 
40833589
Status 
Active
Property Tax 
$5,658
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing first seen on site
a month agoListing updated with changes from the MLS®
General Features
Acres 
0.225
Property Sub Type 
Mixed Use
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedPhone Available
Water Source 
Public
Zoning 
RMU-20 and By-law No. 202
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Exterior Features
Frontage 
50.08
Lot Features 
City LotRectangular Lot
Community Features
HOA Fee Frequency 
Monthly
MLS Area 
4 - Waterloo West

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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