255 Toll Gate Boulevard, Waterloo

$5,500,000
255 Toll Gate Boulevard

$5,500,000

New
9d
Land

255 Toll Gate Boulevard, Waterloo

Total Monthly Obligation $25,984

Beds
0
Baths
0
Park
0
DOM
9d
Property Type-Land
MLS® Number-X14030766
Beds-0
Lot Size-362.82 × 362.82 ft
Listed on site-Oct 14, 2026
Building Type-Land
Taxes-$41,083 (2026)
Brokerage-CENTURY 21 RIGHT TIME REAL ESTATE INC.
Fireplace-No
Pool-None
Sewer-None
Possession-Flexible
Title-Commercial

No agent assigned

**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 pending- 6 COMMERCIAL UNITS, 36 RESIDENTIAL UNITS, 70 PARKINGS. 255 TOLL GATE BLVD- Proposed plan approved ( contract signing pending with the city) 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 are responsible for independently verifying zoning, approvals, and permitted uses. A rare opportunity to explore mixed-use development in a strategic Waterloo location!

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Closing Costs

Mortgage Amount
$4,400,000
Land Transfer Taxes$123,975
Legal Fees (Est.)
$
Total cash required for closing$1,225,475

Total Monthly Obligation

$25,984/mo
Mortgage $22,185
Monthly Loss $20,146
Principal$5,838
Interest$16,347
Property Tax$3,424
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 255 Toll Gate Boulevard

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.