Gurvinder Nokwal REALTOR®
For Sale Vacant Land 10 days on market

$425,000

Est. payment $1,882/moCalculate yours

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

Waterloo, ON N2L 1J6

Map

Listing courtesy of HOUSESIGMA INC. MLS® X13880276

About this home

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

Overview

Property Type
Vacant Land
For
For Sale
Status
New

Lot & Parking

Lot Size
29.48 x 131.33 Feet

Financial

Property Taxes
$5,967 (2025)

Location

Cross Street
Avondale Ave S + William St W
Direction Faces
East

Listing

MLS® Number
X13880276
Days on Market
10
Listed On
2026-10-08
Possession
FLEX
Listed By
HOUSESIGMA INC.

Mortgage calculator

Minimum for this price: $21,250 (5%)

Amortization, years

Estimated mortgage payment

$1,882 per month

Principal and interest
$1,882
Property tax
$497
Estimated monthly cost
$2,379

Your mortgage

Mortgage amount
$340,000
Mortgage insurance
Not needed
Interest over 25 years
$224,542

Cash to close

Down payment
$85,000
Land transfer tax
$4,975
Total, before legal fees
$89,975
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

89B William Street W, Waterloo, ON N2L 1J6 Waterloo, ON N2L 1J6
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$425,000 89B William Street W, Waterloo, ON N2L 1J6
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