305 Northfield Dr is a land in Waterloo, listed for $7,850,000.
1The crown jewel of this offering is a large commercial barn, presenting endless possibilities for innovative entrepreneurs - from event spaces to artisanal markets or even a microbrewery.
2The generous land parcel not only provides ample parking but also leaves room for future development, making this a truly exceptional investment opportunity in a dynamic and sought-after market.
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Lots & Land in Waterloo
About 305 Northfield Drive
Northfield Drive E offers the unique opportunity to acquire an established commercial complex and shopping destination, with future employment redevelopment potential. The property features a charming coffee shop, perfect for capturing the bustling local crowd and tourists alike, alongside a versatile retail building ideal for a range of business ventures and currently leased by a furniture and home decor retailer. The crown jewel of this offering is a large commercial barn, presenting endless possibilities for innovative entrepreneurs - from event spaces to artisanal markets or even a microbrewery. With its prime location in one of Canada's fastest-growing tech and industrial hubs, this property offers investors the rare chance to own a piece of Waterloo's thriving commercial landscape. The generous land parcel not only provides ample parking but also leaves room for future development, making this a truly exceptional investment opportunity in a dynamic and sought-after market.
Waterloo land priced at $7,850,000 — book a tour to see if it fits your search.
Inside 305 Northfield Dr
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
6.9
Listing & possession
Property class
Land
305 Northfield Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13667256$7,850,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 305 Northfield Dr Compares to the Waterloo Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 305 Northfield Dr. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio100.1%On average, homes sold at or above asking.
Active listings377Homes for sale here right now.
Median vs prior 90 days−2.1%Compared with May 19 – Aug 17, 2026: prices down.
Based on 396 sales from Aug 17 – Nov 15, 2026 (322 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
305 Northfield Dr is listed at $7,850,000 (MLS® X13667256). Summitly updates the price as soon as the MLS® record changes.
Has the price of 305 Northfield Dr changed?
No — 305 Northfield Dr is still listed at its original asking price of $7,850,000.
How many bedrooms and bathrooms does 305 Northfield Dr have?
The listing for 305 Northfield Dr doesn't publish its bedroom and bathroom count. It is a lot in Waterloo.
Is 305 Northfield Dr close to transit?
The nearest rapid-transit station is Conestoga Station (ION), about 2.0 km in a straight line. Northfield Station is about 2.8 km, and Research and Technology Station is about 4.3 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 305 Northfield Dr compare with other homes in Waterloo?
Its asking price of $7,850,000 is about 1018% above the median sold price in Waterloo over the last 90 days, $702,457, across 396 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 305 Northfield Dr been sold before?
Summitly has no earlier MLS® sale or lease of 305 Northfield Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 305 Northfield Dr?
305 Northfield Dr is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 305 Northfield Dr been on the market?
95 days — 305 Northfield Dr was listed on August 12, 2026.
What is the land transfer tax on 305 Northfield Dr?
About $182,725 in Ontario land transfer tax at the asking price of $7,850,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 305 Northfield Dr or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 305 Northfield Dr?
The listing for 305 Northfield Dr doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Waterloo.
When was 305 Northfield Dr built?
The listing for 305 Northfield Dr doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
