74 WILLIAM Street
Waterloo, Ontario
Vacant Land
74 William St. W., Waterloo — A dual-opportunity property in one of Waterloo's most sought-after residential neighbourhoods — collect rental income today while holding a prime redevelopment asset for tomorrow. This legal non-conforming fourplex offers a compelling unit mix: two spacious 3-bedroom suites and two generous 5-bedroom suites, ideal for student, professional, or family tenants alike. Ample on-site parking adds further appeal for renters. The location is exceptional — a short 5-minute walk to the shops, restaurants, and vibrant nightlife of Uptown Waterloo. This property carries significant upside: a developer or investor could explore rebuilding or intensifying the site to maximize density in an already-proven location. Whether you hold, renovate, or redevelop, 74 William St. W. is a strategic addition to any portfolio.
Price History
Schools
Elementary
- Our Lady of Lourdes Catholic Elementary School0.4 km
Catholic · Waterloo CDSB · 385 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 45% met the provincial standard
- Empire Public School0.8 km
Public · Waterloo Region DSB · 490 students
Grade 3 reading: 86% met the provincial standard · Grade 6 math: 52% met the provincial standard
- Westmount Public School1.1 km
Public · Waterloo Region DSB · 480 students
Grade 3 reading: 66% met the provincial standard · Grade 6 math: 38% met the provincial standard
Secondary
- Kitchener Waterloo Collegiate and Vocational School1.3 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% met the provincial standard
- Waterloo Collegiate Institute2.3 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
- Resurrection Catholic Secondary School2.7 km
Catholic · Waterloo CDSB · 1920 students
Grade 10 literacy: 90% 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
Vacant Land in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,025
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,025 recorded sales of vacant land properties in Waterloo over the last 12 months.
Location
Mortgage Calculator
$219,980
Estimated Monthly Payment
$5,403
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $5,403/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $275/mo
Estimates only. Consult a financial advisor.
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