N2L Commercial Land Properties for Sale

Commercial Real Estate in N2L available for sale

N2L Commercial Land for Sale

More details for 391 Erb St W, Waterloo, ON - Land for Sale

395, 393, and 391 Erb Street West, Waterloo - 391 Erb St W

Waterloo, ON N2L 1W7

Land for Sale
$985,000 - $3,785,000 CAD
0.23 - 0.41 AC Lots

Waterloo Land for Sale - Western GGH

Offered together as a land assembly, 391, 393, and 395 Erb Street West comprise a combined 0.896-acre site (approximately 39,030 sq. ft.) in the highly desirable Waterloo West neighbourhood. Positioned along the Erb Street corridor, these properties benefit from convenient connectivity to Uptown Waterloo, the ION LRT, University of Waterloo, employment hubs, shopping, and everyday amenities. The site’s nearly 200' x 200' square configuration and large road frontage create an ideal canvas for future redevelopment. The properties fall within the City of Waterloo’s recently approved Community Planning Permit By-law – Erb Street Corridor, an innovative planning framework designed to streamline development approvals. The site offers an opportunity to redevelop a 6-storey mixed-use building or stacked townhouse condominiums, with up to 450 bedrooms per hectare. Existing residential dwellings on the properties may provide interim rental income while future plans and approvals are pursued. An excellent opportunity to participate in Waterloo Region’s continued expansion and intensification with a large-scale redevelopment.

Contact:

Benjamins Realty Inc.

Property Subtype:

Commercial

Date on Market:

2026-07-02

Hide

View on Map

Commercial Land Properties for Sale Within 5 kilometers of N2L

200 Weber St N

Waterloo, ON N2J 3H5

Land for Sale
$9,500,000 CAD
2.77 AC Lot

Waterloo Land for Sale - Western GGH

Exciting opportunity to own vacant land in one of Waterloo’s prime locations. Various development concepts available. Zoned Corridor Commercial permitting many uses. Food store (grocery) to be added as a permitted use as of summer 2026. High exposure location with 23,000 daily vehicle traffic. Within close proximity to Wilfrid Laurier University, University of Waterloo, and Conestoga College.