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440 WEBER Street

440 WEBER Street

Waterloo, Ontario

9,000 sqft • Other

$4,999,999

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.

Price History

Property

Lot Size
2.32 acres

Schools

Secondary

  • St David Catholic Secondary School0.2 km

    Catholic · Waterloo CDSB · 1080 students

    Grade 10 literacy: 97% met the provincial standard

  • Waterloo Collegiate Institute0.7 km

    Public · Waterloo Region DSB · 1480 students

    Grade 10 literacy: 85% met the provincial standard

  • Bluevale Collegiate Institute2.7 km

    Public · Waterloo Region DSB · 1115 students

    Grade 10 literacy: 88% met the provincial standard

Elementary

  • Winston Churchill Public School0.4 km

    Public · Waterloo Region DSB · 320 students

    Grade 3 reading: 81% met the provincial standard · Grade 6 math: 56% met the provincial standard

  • ÉÉC Mère-Élisabeth-Bruyère1.6 km

    French Catholic · CS catholique MonAvenir · 220 students

    Grade 3 reading: 84% met the provincial standard · Grade 6 math: 68% met the provincial standard

  • Cedarbrae Public School1.7 km

    Public · Waterloo Region DSB · 240 students

    Grade 3 reading: 21% met the provincial standard · Grade 6 math: 14% 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 N2L

Population
37,953
Private dwellings
19,681
Median age
29.8
Average household size
2.2
Median household income
$69,500

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

Institutional - Special Purpose in Waterloo · last 12 months

Median sold price
$695,000
Homes sold
1,031
Median days on market
21
Sale-to-list price
99.8%

Based on 1,031 recorded sales of institutional - special purpose properties in Waterloo over the last 12 months.

Location

Mortgage Calculator

$1,000,000

Estimated Monthly Payment

$24,563

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $24,563/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $1,250/mo

Estimates only. Consult a financial advisor.

R

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