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Site Approved Development In Waterloo Location CMHC MLI Select

$1

398 Erb Street West, Waterloo, ON N2L 1W6, Canada

Active
Last Updated: 07/16/2025

0.6 acres

Lot Area

 
Details:
Lot Area:    0.6 acres
Description:

Site Plan Approved Development in Prime Waterloo Location – CMHC MLI Select Ready!

Address: 392-398 Erb St W, Waterloo, ON
Lot Size: 0.6 Acres (Approx.)
Project: 6-Storey, 55 Unit Residential Building (SPA Approved)
Details: View Full Listing

Incredible turnkey development opportunity in one of Ontario’s most thriving tech and academic hubs – Waterloo!

Site Plan Approved for a 6-storey, mid-rise residential building
55 Units Total – A mix of 1 & 2 bedroom layouts
CMHC MLI Select Ideal – Meets criteria for energy efficiency, affordability & accessibility
Ready for Permit Submission
Located in the Highly Desirable Beechwood Area
Short distance to University of Waterloo, shopping, transit & more

Perfect for developers and investors looking for a ready-to-go multifamily project in a high-demand rental market. Benefit from accelerated timelines and favorable financing options with CMHC MLI Select qualification potential.

Contact for pro forma, plans, and further due diligence materials.

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