596 Colby Drive
Waterloo, ON
7,984 sqft • Industrial • 207 days on market
Strategically positioned on Colby Drive within North Waterloo's established industrial node, the Property offers connectivity to Highway 7/85 and efficient access across the broader Waterloo Region. The site is improved with one (1) freestanding industrial building totaling 7,984 square feet on 1.26 acres. Currently demised into two units, this Property presents the opportunity for supplemental income potential for an owner user. Zoned E3-27 (Flexible Industrial), the Property supports a wide range of industrial uses. This combination supports outdoor storage, fleet parking, or future building expansion.
Listing Details
- Taxes (2025)
- $31,027
- Listed
- January 28, 2026
Price History
Property
- Lot Size
- 131.43 x 411.54 Feet
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Northfield Drive West
- Zoning
- E3-27
- Parcel Number
- 222810091
- Possession
- Flexible
Commercial
- Business Type
- Factory/Manufacturing
- Occupancy
- Owner+Tenant
Community
Postal area N2V
- Population
- 19,428
- Private dwellings
- 6,360
- Median age
- 38
- Average household size
- 3.1
- Median household income
- $126,000
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
Commercial 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 commercial properties in Waterloo over the last 12 months.
Listed by
CUSHMAN & WAKEFIELD WATERLOO REGION LTD.
Location
Commercial figures
- Building area
- 7,984 sq ft
- Price per sq ft
- $407.06
- Annual property tax
- $31,027
- Tax per sq ft
- $3.89
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?