General Urban Waterloo Updates and Rumours

[Andy]

The price tag of $5.5 million seems extremely steep to me considering the fact that the existing office building reads as an afterthought. There have been 'for lease' signs on the building for some time.

I agree that price seems steep. I expect there would be resistance to any large building there as well. Just as a rough comparison, this listing, while a lot smaller, has also been on the market for a while. No commercial zoning though.

It will be encouraging to see some more intensification down union street though.