89B William Street W, Waterloo, ON N2L 1J6
Waterloo · Near Avondale Ave S + William St W · View map
About this home
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.
The home
- Type
- Vacant land
- Bathrooms
- 0
- Lot size
- 29.5 x 131.3 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $5,967/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- FLEX
- Cross street
- Avondale Ave S + William St W
More
- MLS® number
- X13880276
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
89B William Street, Waterloo, ON N2L 1J6
Waterloo · Near Avondale Ave S + William St W
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Listing history for 89B William Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 89B William Street W
Answers come straight from this home’s MLS® listing.
How much is 89B William Street W listed for, and what would it cost each month?
89B William Street W is listed for $425,000. With 20% down ($85,000), the mortgage payment would be roughly $1,714 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,212 a month, all in. That figure is an illustration, not a quote.
Is 89B William Street W freehold or a condo, and is there a monthly fee?
89B William Street W is a vacant land in Waterloo. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 89B William Street W have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 89B William Street W?
89B William Street W is a vacant land. Vacant land and farms are sold for the land itself; zoning, services and access decide what can be built.
How big is 89B William Street W, and what is the lot size?
The lot is listed as 29.5 x 131.3 ft.
What are the property taxes for 89B William Street W?
Property taxes are $5,967 a year (2025), or about $497 a month.
Where is 89B William Street W?
89B William Street W is in Waterloo. The nearest main intersection is Avondale Ave S + William St W. The postal code is N2L 1J6.
Is 89B William Street W still for sale?
Yes. It is an active listing (MLS® X13880276). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 89B William Street W asking?
Similar properties for sale nearby right now include 89A William Street W at $425,000, 108 - 308 Lester Street at $388,888 and 107 - 308 Lester Street at $388,888. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 89B William Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 89B William Street W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Commercial retail$388,888107 - 308 Lester Street, WaterlooCourtesy of: ROYAL LEPAGE WOLLE REALTYView home →Courtesy of: HOUSESIGMA INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.