89B WILLIAM STREET W, Waterloo

$425,000

For sale: Vacant Land

Vacant Land at 89B WILLIAM STREET W, Waterloo
Property type
Vacant Land
MLS®
MLS® X13880276

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.

Sold data

Homes in Waterloo — recent sold market

Homes in Waterloo took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 41, across 244 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 34 days.

The median sale price was $686,000.

Homes sold for about 1.1% below asking on average, so there was room to negotiate.

About 36% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
21
Median sale price
$686,000
Sale-to-list ratio
98.9%
Sold above asking
36%

Based on 244 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Waterloo

Waterloo has 31 Fraser Institute–rated schools (27 elementary and 4 secondary), averaging 6.8/10.

Rated schools
31
Elementary
27
Secondary
4
Average rating
6.8 / 10

Top-rated schools in Waterloo

  • Millen Woods — elementaryFraser rating 8.9/10
  • Sir John A Macdonald — secondaryFraser rating 8.7/10
  • Abraham Erb — elementaryFraser rating 8.6/10
  • Laurelwood — elementaryFraser rating 8.5/10
  • Vista Hills — elementaryFraser rating 8.5/10
  • Mary Johnston — elementaryFraser rating 8.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 89B WILLIAM STREET W