$2,995,000

About this home

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. (id:65958)

Subtype

Retail

Living area

1

Lot size

0.54 acres

Lot dimensions

0.536

On market

Apr 22, 2026

Status changed

Apr 24, 2026

Annual tax

$7,108 (2026)

Zoning

M3

Photos

2

MLS#

X13031690

Area

WATERLOO

Features and systems

Mortgage estimate