Listed by Re/Max Hallmark York Group Realty Ltd..

282 Erb Street W is a Vacant Land, Other and is currently for Sale @ $3,288,000. Taxes in 2026 were $30,385.30.

More homes for sale under 3.3M in Waterloo

Previously approved site plan for a 35-unit rental/condominium development, zoned RMU-20 (Residential Mixed Use)-a compelling opportunity tailored for small to mid-sized developers targeting a proven, high-demand rental corridor. The Other on 282 Erb Street W has 0 bedrooms, 0 bathrooms, and is located on a 172.49 x 73.77 ft loton < .50 acres in the community of .Positioned just steps from the University of Waterloo and Wilfrid Laurier University, the property is ideally suited for student housing as well as potential senior/retirement-oriented rental concepts. The location offers consistent, year-round rental demand driven by a strong academic and local community base. Walking distance to both campuses, combined with a direct bus stop at the doorstep, ensures exceptional accessibility and enduring tenant appeal.Offered at land value with existing building permits in place (subject to amendment for updated plans), this is a rare, near shovel-ready development opportunity-allowing investors to accelerate timelines and unlock value with minimal upfront entitlement risk.

The address 282 Erb Street W was listed for sale (MLS# X13007430) on Thursday, April 16, 2026.