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For saleMLS® X13880276

89B William Street W, Waterloo, ON N2L 1J6

$425,000

3 weeks on market

Lot
29.48 × 131.33 ft

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About this property

Premium Investment Opportunity in the Heart of Waterloo! An exceptional opportunity to invest in a highly desirable location on William Street West. This subdivided two-lot package offers outstanding development potential, with previously City-approved plans for a total of 4 residential units across both lots. The original plans included two 2-storey, 3-bedroom, 2.5-bathroom homes, each with an additional 2-bedroom, 1-bathroom accessory dwelling unit, offering excellent potential for rental income or multi-generational living. Previously approved plans are available for review, providing a valuable starting point for future development. Demolition has already been completed, leaving vacant land ready for your vision. Situated on sought-after William Street West, this property offers convenient access to universities, shopping, restaurants, transit and local amenities in one of Waterloo's established neighbourhoods. Whether you're an investor, builder or developer, this is a rare opportunity to explore the potential of two vacant lots in a prime Waterloo location. To be sold as a package with 89B William St W. Price is per lot. Property taxes are still to be individually assessed by the City; taxes listed reflect the combined taxes for both lots.

Property details

Property

Property type
vacant land
Lot size
29.48 × 131.33 ft
Possession
FLEX

Interior

Exposure
East

Costs

List price
$425,000
Property taxes
$5,967 / year (2025)

Listing

MLS® number
X13880276
Status
For sale
Listed
October 9, 2026
Days on market
27
Last updated
October 9, 2026
Listing brokerage
HOUSESIGMA INC.

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.

How this price compares

This home is priced below most comparable listings — about 0% of comparable vacant land listings in Waterloo are asking less.

$708KMedian $1.65M$7.95M

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

Mortgage estimate

Down payment5.0% · minimum $21,250
$21,250
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,232.40
Property tax (est.)
$497.28
Estimated monthly
$2,730

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
$4,975
Total due on closing
$4,975

An estimate on the asking price of $425,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of HOUSESIGMA 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.

$425,000

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