High-Density Development Site: Up to 18 Storeys in Uptown Waterloo

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High-Density Development Site: Up to 18 Storeys in Uptown Waterloo

High-Density Development Site: Up to 18 Storeys in Uptown Waterloo

For Sale $ 1,400,000
LOCATION: Waterloo Ontario Canada
CATEGORY: Commercial Real Estate
INDUSTRY: Commercial Spaces for Sale or Lease | Apartment Buildings for Sale | Commercial Buildings for Sale or Lease
LISTING TYPE: Commercial Spaces for Lease | Apartment Buildings for Sale | Commercial Properties for Sale

Secure a premier footprint in Waterloo’s most vibrant growth hub. This 50 ft x125 ft freehold corner lot at Central and Spring Streets offers a rare "as-is" redevelopment opportunity with massive upside.

The Opportunity

Elite Zoning: Zoned U1-60 (Uptown Core), permitting high-density construction up to 18 storeys.
Ready-to-Go Concepts: Plans propose an 11-unit residential building (41 bedrooms) plus 3 main-floor commercial units—or design your own landmark project.
Location Excellence: Situated between University Ave and Bridgeport Rd, within walking distance to both University of Waterloo and Wilfrid Laurier University.

Strategic Advantages

Maximum Exposure: Prime corner positioning surrounded by premium retail, dining, and transit.
Supportive Environment: The City of Waterloo is actively encouraging redevelopment and new business in this specific corridor.
Turnkey Utilities: Fully serviced with municipal water, sewer, and natural gas available.