205-209 Erb Street W, Waterloo, ON N2L 1V6
Waterloo, ON N2L 1V6
Quick cost estimateKnown monthly subtotal$38,550.69 / monthLand transfer tax $156,474.98One-time estimate
Quick cost estimate
$38,550.69 / monthKnown monthly subtotal
- Mortgage principal & interest
- $37,222.71
- Property tax / month
- $1,327.98
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $156,474.98
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.
- Ontario tax
- $156,474.98
- Toronto municipal tax
- $0
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
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About this home
This land assembly, totaling 0.86 acres, presents a compelling development potential opportunity with 3 existing income-generating properties situated in the heart of Waterloos energetic uptown core. In 2024, a development concept was brought forward to the City of Waterloo, outlining a 12-story residential apartment building with 129 units. The plan includes 17 parking spaces located at grade behind the building, complemented by additional underground parking whose quantity has yet to be specified. The project adheres to the area's zoning regulations and complies with both the Official Plan and applicable Zoning By-Laws, including matching the scale and height of surrounding developments. This prime location lies within one of Waterloos most desirable neighborhoods and falls inside the Willis Way Protected Major Transit Station Area (PMTSA), where minimum parking requirements are waived under Bill 185. The vision for the residential development centers around connected urban living, offering future residents immediate access to restaurants, boutiques, entertainment, and cultural attractions. With nearby schools, green spaces, institutions, and modern infrastructure enhancements, this site is exceptionally well-positioned to benefit from long-term growth, sustained demand, and increasing value. The seller and their representative make no guarantees about the property's future use or development potential regardless of any of the favorable information noted. The buyer is fully responsible for investigating all current and future matters related to the property and future development. Image of the 12 story building in the listing is merely a virtual rendering to help give some perspective on what may be possible.
Home details
- Days on market
- 180
- Property type
- Investment
- MLS® number
- X13131378
- Source status
- Extension
- Postal code
- N2L 1V6
- Building area (total)
- 0.89 acres
- Lot size
- 38,000 sq ft
- Lot depth
- 287.57 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- Not reported
- Occupancy
- Vacant
- Possession type
- Flexible
- Garage
- None
- Annual property tax
- 15935.7
- Heating system
- Other
- Cooling
- No
- Utility services
- Yes
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Reported utility services
- Yes
- Heating system
- Other
- Cooling
- No
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
Loading source-reported room dimensions…
Converted measurements are approximate. Levels and dimensions are shown only when supplied.
Room-count details have not been supplied for this listing.
Ask the listing brokerage for floor plans and measured room layouts.
Listing dates & price record
- Asking amount
- $7,999,999
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
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Estimate monthly costs
Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.
Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Map and neighbourhood
- Region / county
- WATERLOO
- Municipality
- WATERLOO
Plan a trip from this home
Check a route from this property to work, school or another destination. Google Maps provides the current estimate when opened; traffic and departure time affect results.
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Around this property
Schools, transit & everyday places
Published local sources. Distances are approximate straight-line distances, not walking routes.
Filter the records displayed below.
Nearby publicly funded schools
Within 5 km · approximate straight-line distances, not walking routes or attendance eligibility.
School year 2024-2025 · Preliminary · publisher extract 2026-09-14.
Our Lady of Lourdes Catholic Elementary School ↗
Elementary · JK-8 · English · Catholic
55 Roslin Ave S, Waterloo
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 71%
- Grade 3 Writing (at provincial standard)
- 54%
- Grade 3 Mathematics (at provincial standard)
- 64%
- Grade 6 Reading (at provincial standard)
- 83%
- Grade 6 Writing (at provincial standard)
- 83%
- Grade 6 Mathematics (at provincial standard)
- 45%
Empire Public School ↗
Elementary · JK-6 · English · Public
Waterloo Region DSB
83 Empire St, Waterloo
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 86%
- Grade 3 Writing (at provincial standard)
- 70%
- Grade 3 Mathematics (at provincial standard)
- 70%
- Grade 6 Reading (at provincial standard)
- 87%
- Grade 6 Writing (at provincial standard)
- 90%
- Grade 6 Mathematics (at provincial standard)
- 52%
Keatsway Public School ↗
Elementary · JK-6 · English · Public
Waterloo Region DSB
323 Keats Way, Waterloo
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 79%
- Grade 3 Writing (at provincial standard)
- 69%
- Grade 3 Mathematics (at provincial standard)
- 69%
- Grade 6 Reading (at provincial standard)
- 84%
- Grade 6 Writing (at provincial standard)
- 79%
- Grade 6 Mathematics (at provincial standard)
- 50%
Centennial (Waterloo) Public School ↗
Elementary · 7-8 · English · Public
Waterloo Region DSB
141 Amos Ave, Waterloo
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
No published percentages for these measures in this source record.
MacGregor Public School ↗
Elementary · 6-8 · English · Public
Waterloo Region DSB
32 Central St, Waterloo
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
No published percentages for these measures in this source record.
Westmount Public School ↗
Elementary · JK-6 · English · Public
Waterloo Region DSB
329 Glasgow St, Kitchener
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 66%
- Grade 3 Writing (at provincial standard)
- 59%
- Grade 3 Mathematics (at provincial standard)
- 57%
- Grade 6 Reading (at provincial standard)
- 93%
- Grade 6 Writing (at provincial standard)
- 87%
- Grade 6 Mathematics (at provincial standard)
- 38%
Elizabeth Ziegler Public School ↗
Elementary · JK-6 · English · Public
Waterloo Region DSB
90 Moore Ave S, Waterloo
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 71%
- Grade 3 Writing (at provincial standard)
- 60%
- Grade 3 Mathematics (at provincial standard)
- 48%
- Grade 6 Reading (at provincial standard)
- 93%
- Grade 6 Writing (at provincial standard)
- 86%
- Grade 6 Mathematics (at provincial standard)
- 47%
Hillside Public School ↗
Elementary · JK-8 · English · Public
Waterloo Region DSB
11 Chopin Dr, Kitchener
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 30%
- Grade 3 Writing (at provincial standard)
- 15%
- Grade 3 Mathematics (at provincial standard)
- 15%
- Grade 6 Reading (at provincial standard)
- 81%
- Grade 6 Writing (at provincial standard)
- 72%
- Grade 6 Mathematics (at provincial standard)
- 19%
Confirm programs and attendance with the school board. Private schools and verified catchment boundaries are not included. Contains information licensed under the Open Government Licence – Ontario. Ministry source.
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Transit near this property
Published transit locations. Distances are straight-line estimates, not walking routes or travel times.
Rail & subway · within 5 km
- Kitchener GOGO Transit · Train3.4 km
Bus & streetcar · within 2 km
- University of Waterloo TerminalGO Transit · Bus1.7 km
- University of Waterloo TerminalGO Transit · Bus1.7 km
- Wilfrid Laurier UniversityGO Transit · Bus1.8 km
- Wilfrid Laurier UniversityGO Transit · Bus1.9 km
Sources & service information
These are locations in published feeds, not live arrivals or confirmation of service at this moment. Station platforms are grouped only by the source parent-station relationship. Check the agency for schedules, disruptions, access and entrances. Coverage: TTC, GO Transit and UP Express only; other agencies are not yet connected.
- GO Transit source · feed 2026-11-04 to 2026-11-27 · checked 2026-11-09 14:58:21 UTC · Licence · Agency website
Filter the records displayed below.
Nearby shops & amenities
No nearby places were returned by the current OpenStreetMap snapshot. Coverage is regional and may be incomplete; verify business details before visiting.
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Similar homes for sale in Waterloo, Ontario
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
Property questions
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Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.
What do nearby school, transit and shop results mean?
They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.
Can I see sold prices for nearby properties?
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How should I use the monthly cost estimate?
It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.
Home and neighbourhood overview
205-209 Erb Street W, Waterloo, ON N2L 1V6, Waterloo is listed for sale as a Investment. The listing reports lot size reported as 38,000 sq ft. Asking price: $7,999,999. Occupancy is reported as Vacant. Review the Home details, room measurements and utility sections below to compare reported specifications; confirm important details with the listing brokerage. MLS® X13131378.
The Ministry’s school dataset lists Our Lady of Lourdes Catholic Elementary School approximately 441 m from the property’s mapped location. The published GO Transit feed includes Kitchener GO, approximately 3.4 km away.
Local context
The Ministry’s school dataset lists Our Lady of Lourdes Catholic Elementary School approximately 441 m from the property’s mapped location.
The published GO Transit feed includes Kitchener GO, approximately 3.4 km away.
Sources & distance notes
Distances are approximate straight-line estimates to mapped points or area centres. School proximity does not establish attendance eligibility. Published transit locations do not confirm service at this moment.
Explore the area: Waterloo.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: CENTURY 21 B.J. ROTH REALTY LTD.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13131378. Information deemed reliable but not guaranteed.