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159-165 ERB Street W, Waterloo, Ontario, N2L 1V2

MLS® # 40686040
Vacant Land For Sale In Central, Waterloo, Ontario
$3,800,000
159-165 Erb Street W, Waterloo, ON
159-165 Erb Street W, Waterloo, ON
159-165 Erb Street W, Waterloo, ON
159-165 Erb Street W, Waterloo, ON
159-165 Erb Street W, Waterloo, ON
159-165 Erb Street W, Waterloo, ON

MULTIMEDIA

ACTIVE
159-165 ERB Street W, Waterloo, Ontario, N2L 1V2
$3,800,000

Property Information:

Seize the chance to acquire this rare four-parcel land assembly, encompassing 0.542 acres of RMU-20 zoned land in a highly sought-after location in Waterloo. 194 feet of frontage and positioned just 200 meters from Waterloo Park's LRT station, UpTown Waterloo and other high density buildings this property is perfectly situated for your next project. This prime location offers unparalleled access to Uptown Waterloo’s vibrant amenities, including trendy shops, restaurants, and entertainment. Steps away, you’ll find Waterloo Park, the Recreation Centre, and cultural gems like the Perimeter Institute and CIGI campus. With both universities just one LRT stop away, this site is perfectly positioned to meet the needs of students, professionals, and residents alike. RMU-20 zoning provides incredible flexibility, permitting multi-unit residential buildings, mixed-use developments, townhomes, or even long-term care facilities. Additionally, conceptual plans for a 64-unit development are available to help you jumpstart your vision. Don’t miss this opportunity to shape the future of one of Waterloo’s most exciting and desired neighbourhoods! (id:27)

Building Features:

  • Basement Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Vacant Land
  • Access Type: Road access
  • Amenities Nearby: Public Transit, Schools
  • Features: Southern exposure
  • Lot Depth: 116.0 Feet
  • Lot Frontage: 194.0 Feet
  • Utility Type: Natural Gas - Available, Hydro - Available
  • Zoning: RMU-20
  • Sewer: Municipal sewage system

Courtesy of: Chestnut Park Realty Southwestern Ontario Ltd., Brokerage

REALTOR.ca  

Location of 159-165 ERB Street W, Waterloo, Ontario, N2L 1V2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

51/100

Moderate

ClimateCheck®

Current data

This property, 159-165 ERB Street W , experiences 7 hot days per year at around 30.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.2 degrees Celsius.

Projected Avg. Temperature

Past
30.6℃
2050
34.2℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 159-165 ERB Street W , experiences 11 significant 2-day storms per year, with about 319.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 396.3mm of precipitation per year.

Precipitation Per Storm

Past
319.6mm
2050
396.3mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 159-165 ERB Street W, Waterloo, Ontario, N2L 1V2

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$124,504.94

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.58 %

High school certificate or equivalent

24.97 %

Apprenticeship trade certificate/diploma

2.77 %

College/non-university certificate

13.88 %

University certificate (below bachelor)

3.17 %

University Degree

46.63 %

Commuter

Travel To Work

By Car

65.57 %

By Public Transit

10.51 %

By Walking

15.34 %

By Bicycle

0.33 %

By Other Methods

8.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

58.69 %

Houses

41.31 %

Own Vs. Rent