About this property

Previously approved site plan for a 35-unit rental/condominium development, zoned RMU-20 (Residential Mixed Use)-a compelling opportunity tailored for small to mid-sized developers targeting a proven, high-demand rental corridor.Positioned just steps from the University of Waterloo and Wilfrid Laurier University, the property is ideally suited for student housing as well as potential senior/retirement-oriented rental concepts. The location offers consistent, year-round rental demand driven by a strong academic and local community base. Walking distance to both campuses, combined with a direct bus stop at the doorstep, ensures exceptional accessibility and enduring tenant appeal.Offered at land value with existing building permits in place (subject to amendment for updated plans), this is a rare, near shovel-ready development opportunity-allowing investors to accelerate timelines and unlock value with minimal upfront entitlement risk.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X13007430
Status	Active
Listing Type	For Sale
Property Type	Land
Interior Size	0 sq ft
Beds / Baths	0 bed · 0 bath
City	Waterloo
Postal Code	N2L 1W3
Province	ON
Listed Date	April 16, 2026
Days on Market	112
Brokerage	RE/MAX HALLMARK YORK GROUP REALTY LTD.