24 UNIVERSITY Avenue
Waterloo, Ontario
Vacant Land
An exceptional chance to secure over half an acre of prime development land in the heart of Waterloo. This rare offering places you just minutes from both Uptown Waterloo and the region’s major Universities (Laurier & University of Waterloo) and Conestoga College, ensuring maximum visibility and strong traffic from a vibrant and growing community. With its strategic location and C1-81 zoning, this property is ideal for a wide range of development opportunities. Large parcels of this size in such a sought-after corridor are increasingly scarce, making this a highly desirable investment opportunity for forward-thinking developers and businesses alike. Don’t miss your chance to establish a presence in one of Waterloo’s most dynamic and high-demand areas.
Price History
Property
- Lot Size
- 0.63 acres
Schools
Secondary
- Waterloo Collegiate Institute0.6 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
- St David Catholic Secondary School0.9 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Bluevale Collegiate Institute1.9 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
Elementary
- MacGregor Public School0.7 km
Public · Waterloo Region DSB · 510 students
- ÉÉC Mère-Élisabeth-Bruyère1.3 km
French Catholic · CS catholique MonAvenir · 220 students
Grade 3 reading: 84% met the provincial standard · Grade 6 math: 68% met the provincial standard
- Winston Churchill Public School1.3 km
Public · Waterloo Region DSB · 320 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 56% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2J
- Population
- 20,899
- Private dwellings
- 10,672
- Median age
- 36.8
- Average household size
- 2.2
- Median household income
- $74,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Vacant Land in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,024
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,024 recorded sales of vacant land properties in Waterloo over the last 12 months.
Location
Mortgage Calculator
$1,399,800
Estimated Monthly Payment
$34,384
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $34,384/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $1,750/mo
Estimates only. Consult a financial advisor.
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