50 Northland Road, Waterloo, ON N2V 1N3
$35,500,000
$162 / sq ft5 months on market
- Total area
- 219,770 sf
- Lot
- 694.26 × 679.67 ft
What's special
- Yes
About this property
50 Northland Road, Waterloo is a 219,770 SF building situated on 11.48 Acres in North Waterloo. The property benefits from the most flexible and desirable industrial zoning in Waterloo, E3-27. The E3-27 zoning is the only zoning in Waterloo to allow for outdoor storage. The implementation of the City of Waterloo's new Official Plan saw traditional industrial uses including warehousing, stripped from most of the industrial by-laws. This has resulted in E3-27 zoned industrial properties in Waterloo becoming extremely rare and desirable. 50 Northland is the largest Multi-tenant, E3-27 zoned property in Waterloo offering larger scale unit sizes from 30,000 - 130,805 SF as well as a heavy power supply of 2,700 Amps and a clear height of 17'11". The building has been maintained and improved since the owners' acquisition in 2015, including a full roof replacement and the installation of new fire corridors to meet current requirements. All units are in a modern and updated condition with a strong history of leasing success. The building's location benefits from close proximity to amenities and transit such as; the Conestoga & Northfield LRT stations, Conestoga Mall and abundant retail. The WALT of the building is 2.78 years, allowing an opportunity to capitalize on market vs current rent in the building. **INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**
Property details
Property
- Property type
- industrial
- Interior size
- 219,770 sq ft
- Lot size
- 694.26 × 679.67 ft
- Zoning
- E3-27
- Possession
- Other
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Yes
Exterior & services
- Garage
- Other
- Sewer
- Sanitary+Storm
Costs
- List price
- $35,500,000
- Property taxes
- $515,304 / year (2026)
- Price per sq ft
- $162
Listing
- MLS® number
- X13175816
- Status
- For sale
- Listed
- May 26, 2026
- Days on market
- 162
- Last updated
- October 26, 2026
- Listing brokerage
- WHITNEY & COMPANY REALTY LIMITED
Price & sale history
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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.
Mortgage estimate
- Principal & interest
- $157,028.47
- Property tax (est.)
- $42,942.00
- Estimated monthly
- $199,970
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
- $873,975
- Total due on closing
- $873,975
An estimate on the asking price of $35,500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of WHITNEY & COMPANY REALTY LIMITED. 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.
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