$5,500,000

For sale

Book a showing

255 TOLL GATE Boulevard, Waterloo - Vacant Land for Sale

255 TOLL GATE Boulevard, Waterloo, Ontario, N2L4M3

Listed 22 days ago

Overview

This lot in Waterloo is for sale. It has been on the market 22 days, fresher than the Waterloo average of 67 days.

Land for Sale in Waterloo →All real estate in Waterloo →

Description

**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! (id:66096)

89B William Street West, Waterloo, Ontario, N2L1J6

Lot 29 × 131 ft (3,872 sq ft)

Listed by HOUSESIGMA INC.

89A William Street West, Waterloo, Ontario, N2L1J6

For sale

26 days ago

$425K

89A William Street West, Waterloo, Ontario, N2L1J6

Lot 29 × 131 ft (3,827 sq ft)

Listed by HOUSESIGMA INC.

90 WEBER Street North, Waterloo, Ontario, N2J3G8

For sale

47 days ago

$9.75M

90 WEBER Street North, Waterloo, Ontario, N2J3G8

Lot 1.62 acres

Listed by COLDWELL BANKER PETER BENNINGER REALTY

416 Woolwich Street, Waterloo, Ontario, N2K2L3

For sale

49 days ago

$589K

416 Woolwich Street, Waterloo, Ontario, N2K2L3

Lot 64 × 156 ft (9,971 sq ft)350 ft²

Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

$5,500,000

Waterloo

Book a showing

Market Timing

Days on market

22d

Waterloo listings, avg age

67d

List price

$5.50M

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (N2L)

This home lists at $5,500,000, about 79.1× the local median household income of $69,500.

Carrying it typically needs a household income of about $1,074,343 (20% down, 25-yr amortization, stress-tested) — roughly 1446% above the area median.

Median household income: $69,500
Population: 37,953
Median age: 29.8
Owner / renter: 37% / 63%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N2L)

$5,500,000

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

Inquire about financing →

Planning to build?

Before you offer on a development site, know what you can build. PreBuildIQ delivers zoning verdicts and required study scopes for any Ontario address in 60 seconds.

Check your site with PreBuildIQ →

255 TOLL GATE Boulevard, Waterloo - Vacant Land for Sale

Description

Property Details

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (N2L)

Book a showing

Need a commercial mortgage?