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Listed by Surjit Sam Pablay • Century 21 Right Time Real Estate Inc.
$ 5,500,000
Est. payment | /mo
$ 5,500,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40871034
Annual Tax Amount $40,000
Property Sub-Type Mixed Use
Source Cornerstone
Property 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!
Location
Province ON
County Waterloo
Area 4 - Waterloo West
Zoning C3-10
Direction corner of Glen Forrest Blvd and Toll Gate Blvd
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available Other
Lot Frontage 362.82
Garage No
Building
Lot Description Urban, Ample Parking, Corner Lot, Public Transit
Faces corner of Glen Forrest Blvd and Toll Gate Blvd
Sewer Other
Water Other
New Construction No
Others
Senior Community No
Tax ID 222670004
Ownership Freehold/None
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Chris Adams
Broker