
440 WEBER Street
Waterloo, Ontario
9,000 sqft • Other
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.
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