Approved 20-Storey Mixed-Use Development | 174 Units

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Approved 20-Storey Mixed-Use Development | 174 Units | Prime Waterloo Corridor

Approved 20-Storey Mixed-Use Development | 174 Units | Prime Waterloo Corridor

For Sale $ 7,500,000
LOCATION: Waterloo Ontario Canada
CATEGORY: Commercial Real Estate
INDUSTRY: Land & Developments for Sale
LISTING TYPE: Commercial Land for Sale | Development Land for Sale | Land for Sale

Exceptional high-rise development opportunity in a prime Waterloo, Ontario growth corridor. This 0.7-acre site comes with Site Plan Approval in place for a 20-storey mixed-use residential building comprising 174 units with ground-floor commercial space.

The approved design includes a strong unit mix of 1-bedroom, 1+den, and 2-bedroom suites, private balconies, terrace-level amenity space, underground parking, EV-ready structured parking, loading bay, bike parking, landscaped areas, and full urban setback compliance. The building rises to approximately 79.6m with a defined podium and tower separation, maximizing density while maintaining planning efficiency.

Financial projections indicate substantial revenue potential with strong return margins. Detailed cost breakdowns, development charges, construction budgets, and potential regional incentives are available for qualified buyers.

Located in a high-demand transit-connected corridor within Waterloo, this is a rare shovel-ready high-density opportunity ideal for experienced developers, joint venture partners, or institutional investors.