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.
Lot/land
C$1,300,000
393 Erb St W, Waterloo, ON N2L 1W7
--beds
--baths
0.26Acres
Mixed Use, Unimproved Land
Built in ----
0.26 Acres Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Large road frontage
- 123 days
- 2
- 0
Zillow last checked:
Listing updated:
Listed by:
Angela Freiburger, Salesperson,
BENJAMINS REALTY INC.,
Mark Benjamins, Broker,
BENJAMINS REALTY INC.
Source: ITSO,MLS®#: 40833566Originating MLS®#: Cornerstone Association of REALTORS®
Facts & features
Interior
Features
- Has fireplace: No
Property
Features
- Frontage type: South
- Frontage length: 58.10
Lot
- Size: 0.26 Acres
- Dimensions: 58.1 x 200.39
- Features: Urban, Rectangular, City Lot, High Traffic Area, Highway Access, Public Transit, Schools
Details
- Parcel number: 223990023
- Zoning: RMU-20 and By-law No. 2026-034
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
- Utilities for property: Electricity Connected, Natural Gas Connected, Street Lights
Community & HOA
Location
- Region: Waterloo
Financial & listing details
- Annual tax amount: C$5,918
- Date on market: 6/1/2026
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Listed for sale | C$1,300,000 |
Source: ITSO #40833566 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.




