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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID X12731156
Annual Tax Amount $22,462
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
440 Weber Street offers a rare land-banking and redevelopment opportunity in a prime North Waterloo growth corridor. The property comprises 2.318 acres with strong Weber Street frontage and is ideally located near the University of Waterloo, Wilfrid Laurier University, the UW Research & Technology Park, Conestoga Mall, and Uptown Waterloo. The site includes an approximately 9,000 square foot, two-storey commercial building, currently partially tenanted with the balance owner occupied, providing interim holding income and operational flexibility. Existing improvements support continued use while long-term redevelopment plans are evaluated. A large surface parking area further enhances future site planning potential. Zoned E1-40, the property permits a wide range of commercial and employment uses and presents significant long-term intensification potential. The surrounding area is evolving, with a neighbouring property advancing plans for a high-density mixed-use development, reinforcing the site's appeal as a future redevelopment opportunity. This offering is well suited for developers and investors seeking scale, income during hold, and long-term upside in one of Waterloo's most desirable and supply-constrained locations.
Location
Province ON
County Waterloo
Area Waterloo
Zoning E1-40
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 376.4
Lot Depth 465.79
Others
Security Features No
ParcelsYN No
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Listed by Bosley Real Estate Ltd.
Nearby School & Business
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