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:61445)
| MLS® Number | 40800931 |
| Property Type | Institutional - Special Purpose |
| AmenitiesNearBy | Public Transit, Schools |
| CommunityFeatures | High Traffic Area |
| Features | Visual Exposure |
| BasementType | Full |
| ExteriorFinish | Brick |
| StoriesTotal | 2 |
| SizeExterior | 9000.0000 |
| SizeInterior | 9000 Sqft |
| UtilityWater | Municipal Water |
| AccessType | Highway Access |
| Acreage | Yes |
| LandAmenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| SizeDepth | 466 Ft |
| SizeFrontage | 376 Ft |
| SizeIrregular | 2.318 |
| SizeTotal | 2.318 Ac|2 - 4.99 Acres |
| SizeTotalText | 2.318 Ac|2 - 4.99 Acres |
| ZoningDescription | E1-40 |
https://www.realtor.ca/real-estate/29291226/440-weber-street-n-waterloo
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