$5,500,000
 $29,525 est/mo Sourced by Back At You

255 Toll Gate Boulevard,Waterloo, ON N2L 4M3

Waterloo, ON N2L 4M3

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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!

Details

MLS #40871034
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site15
Listing Provided ByCentury 21 Right Time Real Estate Inc. | Surjit Sam Pablay

Features

ZoningC3-10

Interior

Cooling Yes / NoNo

Exterior

Lot FeaturesUrban, Ample Parking, Corner Lot, Public Transit

Utilities

UtilitiesOther
SewerOther

Taxes

Tax Annual Amount40000

Area Information

ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2L 4M3
Area4 Waterloo West
Subarea421 Lakeshore | Parkdale
Community Name421 Lakeshore/Parkdale
Listing VS Median (in 421 Lakeshore/Parkdale)
Price:
$5,500,000
low | high
Med:
$319,000
100% of Average
On site:
15
low | high
Med:
105
14.285714285714% of Average
Sourced by Back At You

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Additional Information

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Learn More About This Property

SUSAN THEMELKOS

SUSAN THEMELKOS

Coldwell Banker The Real Estate Centre

 (416) 456-2167sthemelkos@me.com
ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2L 4M3
Area4 Waterloo West
Subarea421 Lakeshore | Parkdale
Community Name421 Lakeshore/Parkdale
Listing VS Median (in 421 Lakeshore/Parkdale)
Price:
$5,500,000
low | high
Med:
$319,000
100% of Average
On site:
15
low | high
Med:
105
14.285714285714% of Average
Sourced by Back At You
Listing Updated: October 16, 2026 at 3:59:26 PM PDT

SUSAN THEMELKOS - Coldwell Banker The Real Estate Centre