**COMMERCIAL PLAZA WITH Prime Development Opportunity in Waterloo!** Exceptional opportunity to acquire a combined 2.43-acre development site at 575 Glen Forrest Blvd (0.729 acres) and 255 Tollgate Blvd (1.701 acres). 575 GLEN FOREST BLVD- Site plan approval pending- 6 COMMERCIAL UNITS, 36 RESIDENTIAL UNITS, 70 PARKINGS. 255 TOLL GATE BLVD- Proposed plan approved ( contract signing pending with the city) for 15 COMMERCIAL UNITS, 90 RESIDENTIAL UNITS, 159 PARKINGS. Ideally situated near the University of Waterloo and the proposed new hospital, this site offers an exciting opportunity for developers and investors. A rare opportunity to explore mixed-use development in a strategic Waterloo location!
Lot/land
C$5,500,000
255 Toll Gate Blvd, Waterloo, ON N2L 4M3
--beds
--baths
Mixed Use, Unimproved Land
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 5 days
- 7
- 3
Zillow last checked:
Listing updated:
Listed by:
Surjit Sam Pablay, Broker of Record,
Century 21 Right Time Real Estate Inc.
Source: ITSO,MLS®#: 40871034Originating MLS®#: Cornerstone Association of REALTORS®
Facts & features
Interior
Features
- Has fireplace: No
Property
Features
- Frontage type: East
- Frontage length: 362.82
Lot
- Dimensions: 362.82 x
- Features: Urban, Ample Parking, Corner Lot, Public Transit
Details
- Parcel number: 222670004
- Zoning: C3-10
Utilities & green energy
- Sewer: Other
- Water: Other
- Utilities for property: Other
Community & HOA
Location
- Region: Waterloo
Financial & listing details
- Annual tax amount: C$40,000
- Date on market: 10/13/2026
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2026 | Listed for sale | C$5,500,000 |
Source: ITSO #40871034 Report a problem | ||
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: N2L
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.





