440 Weber Street offers a rare land-banking and redevelopment opportunity in a prime North Waterloo growth corridor. The property comprises 2.318 acres with strong Weber Street frontage and is ideally located near the University of Waterloo, Wilfrid Laurier University, the UW Research & Technology Park, Conestoga Mall, and Uptown Waterloo. The site includes an approximately 9,000 square foot, two-storey commercial building, currently partially tenanted with the balance owner occupied, providing interim holding income and operational flexibility. Existing improvements support continued use while long-term redevelopment plans are evaluated. A large surface parking area further enhances future site planning potential. Zoned E1-40, the property permits a wide range of commercial and employment uses and presents significant long-term intensification potential. The surrounding area is evolving, with a neighbouring property advancing plans for a high-density mixed-use development, reinforcing the site's appeal as a future redevelopment opportunity. This offering is well suited for developers and investors seeking scale, income during hold, and long-term upside in one of Waterloo's most desirable and supply-constrained locations.
Address
440 Weber Street N
List Price
$4,999,999
MLS® Status
Price Change
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Waterloo
Sub-Area
waterloo
Lot Depth
465.79
Lot Type
Lot
Lot Size Units
Feet
Lot Width
376.4
Total Building Area
9000
Occupant Type
Owner+Tenant
Cross Street
King St N and Weber St N
MLS® Number
X12731156
Listing Brokerage
Bosley Real Estate Ltd.
Basement
Yes
Postal Code
N2L 4E7
Posession Details
Flexible
Tax Amount
$22,462.89
Tax Year
2025
Standard Status
Active
Board Or Association
One Point Association of REALTORS
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
None
Security Features
No
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