$6,000,000

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:65958)

Subtype

Institutional - Special Purpose

Structure

Special Purpose

Living area

9,000 square feet

Lot dimensions

376.4 x 465.79 FT

On market

Jan 27, 2026

Status changed

Apr 15, 2026

Annual tax

$22,462.89

Zoning

E1-40

Photos

6

MLS#

X12731156

Area

WATERLOO

Features and systems

Mortgage estimate