For Sale

175 Park Street, Waterloo, Ontario N2L1Y7

$6,900,000

175 Park Street, Waterloo, Ontario N2L1Y7 is For Sale and has a listing price of 6,900,000. The property is located in the neighbourhood. It's been on the website for 18 Days.

  • Vacant Land
    Property Type
  • MLS ID: X11958122
  • Office Name Sotheby's International Realty Canada, Brokerage,S
Property Description

Incredible Uptown Waterloo land assembly over 20 years in the making consisting of 6 well-maintained rental properties! This AAA+ location in uptown Waterloo is home to this 1.1 acre condo site with substantial holding income. Steps to the Allen LTR stop and adjacent to the Iron Horse Trail and trendy Belmont Village creates the perfect backdrop for this upscale development project. The concept depicts a total of 316,000 GFA spread over 231 residential units, 9 commercial units with 11,000 square feet of street level commercial, and 214 parking spaces. Terraced structuring allows for extended outdoor living spaces in many of the units with panoramic views of the cityscape. Currently designated as Uptown Mixed Use in the City of Waterloo Official Plan with an opportunity for even higher density allocation. The City of Waterloo is undertaking an Official Plan review to update the planning framework and implementing increased density targets in the Major Transit Station Areas including this site. This is an unprecedented opportunity in one of the best locations in all of the Waterloo Region! Seller will share all studies and site plan information with signed NDA. (id:43137)

Property Details
  • MLS ID: X11958122
  • Price: $6,900,000
  • Transaction Types: For Sale
  • Ref ID: 27881778
  • Year Built: N/A
  • Property Type: Vacant Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
02/05/2025 X11958122 $6,900,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Waterloo
  • $816,882 Average List Price
    based on 1 year
  • 236 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 99.88 % Up
  • Sold (12mo) 363
  • Rented (12mo) 260

  • 1 Month Change -9.2%
  • 3 Month Change +12.2%
  • 6 Month Change -12.1%
Walkscore
Property Type Distribution
  • All Houses
    49.5%
  • Commercial
    7.22%
  • Condo
    43.09%
  • Land for Sale
    0.19%
Additional Details
  • Sewers Sanitary Sewer
  • Water Municipal Water
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 05/02/2025 00:00:00
  • Zoning Rr10
  • Agent Name: KEVIN HAIGHT,ZACK HAIGHT
  • Last Updated: 12/02/2025 16:25:31
Open House Dates
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