440 WEBER Street N

About this home

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:66966)

Details

Type

Institutional - Special Purpose

Size

9000 sq ft

Basement

Full

Property tax

$22,462

Neighbourhood

Uptown Waterloo/North Ward

Municipality

Waterloo

Interior

Fireplace

No

Heating, cooling and services

Water and sewer

Municipal sewage system

Building and exterior

Outdoor

Brick

Building area

9,000 square feet

Location

Location is approximate. See nearby homes on the map