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For saleMLS® X12781478

249 Sunview Street, Waterloo, ON N2L 3V8

$7,200,000

$62 / sq ft

8 months on market

Interior
115,900 sf
Lot
165.38 × 146.35 ft

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About this property

Attention Builders, Investors! Incredible And Very Rare Investment Opportunity In Waterloo University Campus Area! Assembly 3 Detached Homes ( 249, 251, 253 Sunview Street) ,This project combines the lands located at 249, 251, and 253 Sunview Street. The zoning approval was granted in October 2024. The proposed development is planned as a 12-storey building with approximately 116,400 square feet of gross floor area, comprising 131 residential units. Site Plan Agreement is Ready !

Property details

Property

Property type
vacant land
Interior size
115,900 sq ft
Lot size
165.38 × 146.35 ft
Zoning
Hnmu-12
Possession
Immediate

Exterior & services

Sewer
Septic

Costs

List price
$7,200,000
Property taxes
$20,000 / year (2026)
Price per sq ft
$62

Listing

MLS® number
X12781478
Status
For sale
Listed
February 11, 2026
Days on market
266
Last updated
October 4, 2026
Listing brokerage
BAY STREET GROUP INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 79% of comparable vacant land listings in Waterloo are asking less.

$474KMedian $1.40M$7.95M
This home
$62 / sq ft
Comparable median
$167 / sq ft

Based on 14 comparable active vacant land listings in Waterloo. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $1,440,000
$1,440,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$31,848.03
Property tax (est.)
$1,666.67
Estimated monthly
$33,515

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$166,475
Total due on closing
$166,475

An estimate on the asking price of $7,200,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of BAY STREET GROUP INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$7,200,000

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