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Commercial Property in Waterloo
About 440 Weber Street North
440 Weber Street offers a rare land-banking and redevelopment opportunity in a prime North Waterloo growth corridor. The property comprises 2.318 acres with strong Weber Street frontage and is ideally located near the University of Waterloo, Wilfrid Laurier University, the UW Research & Technology Park, Conestoga Mall, and Uptown Waterloo. The site includes an approximately 9,000 square foot, two-storey commercial building, currently partially tenanted with the balance owner occupied, providing interim holding income and operational flexibility. Existing improvements support continued use while long-term redevelopment plans are evaluated. A large surface parking area further enhances future site planning potential. Zoned E1-40, the property permits a wide range of commercial and employment uses and presents significant long-term intensification potential. The surrounding area is evolving, with a neighbouring property advancing plans for a high-density mixed-use development, reinforcing the site's appeal as a future redevelopment opportunity. This offering is well suited for developers and investors seeking scale, income during hold, and long-term upside in one of Waterloo's most desirable and supply-constrained locations.
Waterloo retail priced at $4,999,999 — book a tour to see if it fits your search.
Inside 440 Weber St N
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
440 Weber St N Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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 market32Homes sold in about 32 days on average.
Sale-to-list ratio100.1%On average, homes sold at or above asking.
Active listings404Homes for sale here right now.
Median vs prior 90 days−1.8%Compared with May 15 – Aug 13, 2026: prices down.
Based on 410 sales from Aug 13 – Nov 11, 2026 (310 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
440 Weber St N is listed at $4,999,999 (MLS® X12731156). Summitly updates the price as soon as the MLS® record changes.
Has the price of 440 Weber St N changed?
Yes — it was first listed at $6,000,000 and is now $4,999,999, a drop of $1,000,001 (16.7%).
How many bedrooms and bathrooms does 440 Weber St N have?
The listing for 440 Weber St N doesn't publish its bedroom and bathroom count. It is a commercial property in Waterloo.
Is 440 Weber St N close to transit?
The nearest rapid-transit station is Research and Technology Station (ION), about 1.3 km (about a 17-minute walk) in a straight line. Conestoga Station is about 1.4 km (about a 17-minute walk), and Northfield Station is about 1.7 km (about a 21-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 440 Weber St N compare with other homes in Waterloo?
Its asking price of $4,999,999 is about 612% above the median sold price in Waterloo over the last 90 days, $702,457, across 410 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 440 Weber St N been sold before?
Summitly has no earlier MLS® sale or lease of 440 Weber St N on record from the last two years. Older records aren't shown under TRREB rules.
Where is 440 Weber St N?
440 Weber St N is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 440 Weber St N been on the market?
289 days — 440 Weber St N was listed on January 26, 2026.
What is the land transfer tax on 440 Weber St N?
About $111,475 in Ontario land transfer tax at the asking price of $4,999,999. 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 440 Weber St N 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 440 Weber St N?
The listing for 440 Weber St N 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 440 Weber St N built?
The listing for 440 Weber St N doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.