An outstanding opportunity for developers and builders to secure a prime land assembly in one of the city's most rapidly evolving corridors.


Property

Website:https://www.nestseekers.com/5434811
Address:
Waterloo N1R 5S7
Canada
Ownership: For Sale
Type: Unknown

Financials

Price:C2,995,000
($2,190,500)
(€1,870,600)
Annual Taxes:C7,108

Description

An outstanding opportunity for developers and builders to secure a prime land assembly in one of the city's most rapidly evolving corridors. This mixed-use commercial property offers 0.536 acres of land at the high-traffic intersection of Main Street and Franklin Boulevard - a location that benefits from exceptional visibility, strong daily traffic exposure, and a diverse surrounding mix of residential, commercial, and community facilities. This property is being sold in conjunction with 642 Main Street, creating a combined land assembly that significantly enhances the scope and scale of any future redevelopment project. Whether your plans call for residential, mixed-use, or community-focused development, this assembly provides the footprint and flexibility to bring a meaningful project to life. Zoned M3, the property is well-positioned within a municipality that has introduced new, favourable redevelopment and re-zoning plans specifically for this area - providing developers with a supportive regulatory environment and a clear path forward for approvals and planning. The surrounding neighbourhood continues to see active growth, with new development projects underway across residential and community sectors.

Amenities

  • Available
  • Public Transit
  • Recreation/Community Centre

Contact

505 Park Ave, New York, NY 10022