Map of Property

392-398 Erb Street W

392-398 Erb Street W, Waterloo, ON N2L 1W6

  • For Sale Contact for pricing
  • Property Type VacantLand
  • Property Size 23,522.4 SF
  • Lot Size 0.54 Acre
  • Date Updated Sep 4, 2025

Lennard Commercial Realty is pleased to offer for sale 392–398 Erb Street West in Waterloo. This offering includes two adjoining properties totaling approximately 0.54 acres, located just minutes from both Uptown Waterloo and the University District. The site is currently improved with a four-unit apartment building and a single-family home, both of which are fully leased, providing immediate holding income. It is zoned Residential Mixed-Use 20 (RMU-20), which permits development of up to six storeys in height. This flexible zoning framework supports a variety of residential redevelopment options, including mid-rise rental projects. A Site Plan Application has been prepared for a 6-storey, 74-unit apartment building, helping to streamline the development timeline and reduce upfront planning risks for prospective buyers. With zoning already in place, the property offers a rare opportunity to proceed without the delays and uncertainty of a rezoning process. Given its strategic location, preliminary development plans, and strong market fundamentals, 392–398 Erb Street West represents a compelling infill development opportunity—complete with holding income—in one of Waterloo’s most desirable growth corridors

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Contacts

broker
Eghan Rashidi Is this you?

Lennard Commercial Realty

Location

Getting Around

  • Walk Score ®

    67/100 Somewhat Walkable

  • Transit Score ®

    48/100 Some Transit

  • Bike Score ®

    82/100 Very Bikeable
Powered by Walk Score ®
  • City Waterloo, ON
  • Neighborhood Beechwood
  • Postal Code N2L 1W6

Points of Interest

  • Laurier - Waterloo Park

    1.34 miles

  • Davis Centre

    1.37 miles

  • University of Waterloo

    1.42 miles

  • Willis Way

    1.50 miles

  • Waterloo Public Square

    1.59 miles

  • Allen

    1.67 miles

  • Research and Technology

    1.93 miles

  • Grand River Hospital

    1.95 miles

  • Central Station

    2.61 miles

  • United Taxi

    2.98 miles

  • Shell

    0.89 miles

  • Canadian Tire

    1.18 miles

  • FLO

    1.24 miles

  • Petro-Canada

    1.27 miles

  • Sun Country Highway;Tesla

    1.37 miles

  • AddENERGIE

    1.40 miles

  • Costco Gasoline

    1.46 miles

  • ChargePoint

    1.51 miles

  • Esso

    1.69 miles

  • Pioneer

    1.76 miles

  • Beechwood Commons

    0.35 miles

  • Beechwood Towers

    0.52 miles

  • University of Waterloo: Lot T

    0.91 miles

  • Clinical Parking Lot

    1.05 miles

  • Lot H

    1.09 miles

  • Lot C

    1.14 miles

  • Lot HV

    1.15 miles

  • Diamonds Lot

    1.18 miles

  • Westside Marketplace

    1.22 miles

  • Lot V

    1.23 miles

  • Delta Waterloo

    1.31 miles

  • Sugarbush Guest House B&B

    2.33 miles

  • little city farm

    2.54 miles

  • The Inn of Waterloo

    2.74 miles

  • The Walper Hotel

    3.09 miles

  • Crowne Plaza

    3.21 miles

  • Best Western Plus

    3.28 miles

  • Green Gables

    3.44 miles

  • Frederick Street Inn

    3.51 miles

  • Marriott Courtyard Waterloo St. Jacobs

    3.65 miles

  • Covenant Cafe

    0.23 miles

  • Double Double Pizza

    0.24 miles

  • The Grand Malabar

    0.26 miles

  • Pizza Pizza

    0.26 miles

  • Kam Yin

    0.27 miles

  • City Pizza

    0.84 miles

  • 168 Sushi Buffet

    0.84 miles

  • Foreign shawarma

    0.84 miles

  • Dairy Queen

    0.89 miles

  • Watson's Eatery

    1.00 miles

  • Centennial Public School

    0.49 miles

  • Keatsway Public School

    0.50 miles

  • Holy Rosary Catholic Elementary School

    0.64 miles

  • Mary Johnston Public School

    0.74 miles

  • Westvale Public School

    0.78 miles

  • Kitchener-Waterloo Bilingual School

    0.83 miles

  • Empire Public School

    0.85 miles

  • University of Waterloo

    0.92 miles

  • Resurrection Catholic Secondary School

    1.02 miles

  • Our Lady of Lourdes Catholic Elementary School

    1.09 miles

  • Early Childhood Education Centre

    1.02 miles

  • Waterloo Co-operative PreSchool

    1.61 miles

  • Bright Starts Co-operative Early Learning Centre

    1.64 miles

  • Victoria Daycare

    1.89 miles

  • Emmanuel at Brighton Childcare Centre

    1.99 miles

  • Owl

    2.37 miles

  • Pluto Daycare

    3.21 miles

  • Edith MacIntosh Children's Centre

    3.61 miles

  • Pluto Day Care

    3.82 miles

  • Bridge Street Childcare Centre

    4.02 miles

Frequently Asked Questions

How much does 392-398 Erb Street W cost?

The sale price for 392-398 Erb Street W is available upon request. Contact the listing broker for more information.

What is the total square footage of 392-398 Erb Street W?

392-398 Erb Street W totals 1 square feet.

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Contact Listing Broker
broker
Eghan Rashidi Is this you?

Lennard Commercial Realty

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