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Mixed UseMLS® 40871034

255 Toll Gate Boulevard, Waterloo ON N2L 4M3

Lakeshore/Parkdale, Waterloo, N2L 4M3

$5,500,000

Mixed UseType
1Days on market

The home

About this property

**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 in process, 6 COMMERCIAL UNITS, 36 RESDENTIAL UNITS, 70 PARKINGS. 255 TOLL GATE BLVD- Proposed plan 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. Buyers to conduct their own due diligence regarding zoning, approvals, permitted uses. A rare opportunity to explore mixed-use development in a strategic Waterloo location!

Specifications

Property details

Property type

Land

Lot

362.82 x

Taxes

$40,000 (annual)

Days on market

1

What's included

Features and amenities

Lot

UrbanAmple ParkingCorner LotPublic Transit

Where it sits

Location

Pin placed at the coordinates supplied by the MLS® System.

Listed by Surjit Sam Pablay, Century 21 Right Time Real Estate Inc. (the Cornerstone Association of REALTORS®).

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Presented by Rebecca Dorey, Sales Representative, RE/MAX Solid Gold Realty (II) Ltd., Brokerage. Each office independently owned and operated.