263 Mill Street, Waterloo, ONN2M 3R4

A standout opportunity just steps from Downtown Kitchener. 263 and 265 Mill Street are semi-detached properties(value is in the land) held under single ownership, sitting on a generous 73 foot frontage and a total of 17, 943sq.ft. lot area complete with a detached double garage. The scale and configuration of the land offer strong potential for future multi-residential redevelopment - including stacked townhouses - subject to due diligence and municipal approvals. Location is the real draw here. The property is roughly a 5-minute walk (about 400 metres) from the ION LRT's Mill station at Ottawa and Mill Streets, putting fast, reliable light-rail transit and the full length of Downtown Kitchener within easy reach. Everyday amenities, dining, and additional transit connections are all close at hand.

• 264 m from a rail corridor

  Visit at train times to judge noise and vibration for yourself.

  Source: Ontario Railway Network (ORWN) · as of Sep 2026

Also checked, nothing flagged at this location: conservation-regulated areas, provincially significant wetlands, the Greenbelt, the Oak Ridges Moraine, the Niagara Escarpment plan, areas of natural and scientific interest, hydro transmission corridors.

Not openly mapped for this area (ask the local conservation authority): flood hazard mapping.

Screened against public government mapping at this home’s location — simplified boundaries, not a survey, an appraisal or a legal determination. Confirm anything that matters with the authority named.