255 Toll Gate Boulevard
Waterloo, Waterloo ON N2L 4M3
$5,500,000
**Prime Development Opportunity in Waterloo!** Exceptional opportunity to acquire a combined 2.43-acre development site at 575 Glen Forrest Blvd (0.729 acres) and 255 Tollgate Blvd (1.701 acres). 575 GLEN FOREST BLVD- Site plan approval in process, 6 COMMERCIAL UNITS, 36 RESDENTIAL UNITS, 70 PARKINGS. 255 TOLL GATE BLVD- Proposed plan for 15 COMMERCIAL UNITS, 90 RESIDENTIAL UNITS, 159 PARKINGS. Ideally situated near the University of Waterloo and the proposed new hospital, this site offers an exciting opportunity for developers and investors. Buyers to conduct their own due diligence regarding zoning, approvals, permitted uses. A rare opportunity to explore mixed-use development in a strategic Waterloo location!
| List Price: | $5,500,000 |
|---|---|
| Property Sub Type: | Mixed Use |
| Tax Annual Amount: | $40,000 |
| Waterfront?: | No |
| County Or Parish: | Waterloo |
| Lot Features: | Urban, Ample Parking, Corner Lot, Public Transit |
| State Or Province: | ON |
| Directions: | corner of Glen Forrest Blvd and Toll Gate Blvd |
| Above Grade Finished Area Units: | Square Feet |
| Parcel Number: | 222670004 |
| Sewer: | Other |
| Farm Land Area Units: | Square Feet |
| Frontage Type: | East |
| MLS Area Minor: | 421 - Lakeshore/Parkdale |
| Soil Test: | No |
| Survey Type: | None |
| Listing ID: | 40871034 |
|---|---|
| Property Type: | Land |
| Status: | Active |
| City: | Waterloo |
| Postal Code: | N2L 4M3 |
| Status: | Active |
| Water Source: | Other |
| Listing Contract Date: | 2026-10-13 |
| Basement: | false |
| Living Area Units: | Square Feet |
| Below Grade Finished Area Units: | Square Feet |
| MLS Area Major: | 4 - Waterloo West |
| Utilities: | Other |
| Zoning: | CC |
| Frontage Length: | 362.82 |
| Cross Street: | off of Glen Forrest Blvd |
| Acres Range: | 2-4.99 |
| Current Price: | 5,500,000 |
| Holdover Days: | 60 |
| Lot Size Dimensions: | 362.82 x |
| Association Fee 2 Frequency: | Monthly |
Listing Courtesy of: Century 21 Right Time Real Estate Inc.
Listing Agent:
Walkscore
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Information Technology Systems Ontario data last updated on October 14, 2026 02:57 AM - ET.
Property Last Updated: October 14, 2026 02:57 AM - ET
