282 Erb Street W
Waterloo (Maple Hills), ON N2L 1W3
- —Bedrooms
- —Bathrooms
- 0Garage
- —Sq Ft
- $30,385Tax
- 74×172 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 282 Erb Street W, Waterloo, Maple Hills
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-04-16 | 2026-08-15 | Login to See Prices | Expired | x13007430 |
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About 282 Erb Street W, Waterloo, Maple Hills
Summarized Description
- Opportunity for 35-unit rental development
- Zoned for residential mixed use
- Ideal for student and senior housing
- Near University of Waterloo and Laurier
- Shovel-ready with existing permits
- High-demand rental corridor location
- Exceptional accessibility with bus stop
- Consistent year-round rental demand
Previously approved site plan for a 35-unit rental/condominium development, zoned RMU-20 (Residential Mixed Use)-a compelling opportunity tailored for small to mid-sized developers targeting a proven, high-demand rental corridor.Positioned just steps from the University of Waterloo and Wilfrid Laurier University, the property is ideally suited for student housing as well as potential senior/retirement-oriented rental concepts. The location offers consistent, year-round rental demand driven by a strong academic and local community base. Walking distance to both campuses, combined with a direct bus stop at the doorstep, ensures exceptional accessibility and enduring tenant appeal.Offered at land value with existing building permits in place (subject to amendment for updated plans), this is a rare, near shovel-ready development opportunity-allowing investors to accelerate timelines and unlock value with minimal upfront entitlement risk.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $30,385
- Land Transfer Tax Fee
- $68,675
Interior Features
- Fireplace/Stove
- No
- Elevator
- No
Building
- Building Type
- Vacant Land
Construction
- Special Designation
- Unknown
Lot
- Lot Front
- 73.77 ft
- Lot Depth
- 172.49 ft
- Lot Size
- 73.77 x 172.49 Feet
- Lot Size Code
- 73.77 x 172.49 Feet
Parking & Garages
- Garage Spaces
- 0
Heating & Cooling
- Water
- Municipal
- Sewers
- None
- Natural Gas
- Available
- Hydro
- Available
- Cable
- Available
- Telephone
- Available
- Area
- Waterloo
- Municipality
- Waterloo
- Neighbourhood
- Maple Hills
- Main cross streets
- University
- Zoning
- Rmu-20 Residential Mixed-Use Zone
- Directions
- Driving through Bridgeport Rd E to Erb St. W
- Waterfront
- None
- MLS® number
- X13007430
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-08-15
- Listed on
- 2026-04-16
- Days on market
- 121 days
- Possession type
- Flexible
- Co-op commission
- 2.5%
- Seller
- Listed by
- RE/MAX HALLMARK YORK GROUP REALTY LTD.
Home Market Value
Current home valuation for 282 Erb Street W, Waterloo, Maple Hills, Waterloo, ON. Listed for $3,288,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 282 Erb Street W, Waterloo, Maple Hills
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$657,600
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $2,630,400 | $2,466,000 | $2,301,600 | $2,137,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $12,843monthly | $12,040monthly | $11,238monthly | $10,435monthly |
Land Transfer Tax
$68,675
$68,675
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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