About this property

An outstanding opportunity for developers and builders to secure a prime land assembly in one of the city's most rapidly evolving corridors. This mixed-use commercial property offers 0.536 acres of land at the high-traffic intersection of Main Street and Franklin Boulevard - a location that benefits from exceptional visibility, strong daily traffic exposure, and a diverse surrounding mix of residential, commercial, and community facilities. This property is being sold in conjunction with 642 Main Street, creating a combined land assembly that significantly enhances the scope and scale of any future redevelopment project. Whether your plans call for residential, mixed-use, or community-focused development, this assembly provides the footprint and flexibility to bring a meaningful project to life. Zoned M3, the property is well-positioned within a municipality that has introduced new, favourable redevelopment and re-zoning plans specifically for this area - providing developers with a supportive regulatory environment and a clear path forward for approvals and planning. The surrounding neighbourhood continues to see active growth, with new development projects underway across residential and community sectors.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X13031690
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	1 sq ft
Lot Size	1 sq ft
Beds / Baths	0 bed · 0 bath
City	Waterloo
Postal Code	N1R 5S7
Province	ON
Listed Date	April 22, 2026
Days on Market	106
Price per Sq Ft	$2,995,000
Brokerage	CORCORAN HORIZON REALTY