elitere | Nov. 8, 2026
A proposed zoning change at 400 Millennium Boulevard in Waterloo could bring additional single-detached homes to a planned residential community in the city's northeast end.
Activa Holdings Inc. has submitted a new rezoning application seeking permission to develop detached homes on two blocks previously designated for townhouses.
The property is part of a larger mixed-use development near RIM Park and Country Squire Road that received draft subdivision approval from Waterloo City Council in October 2025.
For homeowners, prospective buyers and anyone following new construction in Waterloo, here's what is planned, what's changing and what happens next.
The development is located in northeast Waterloo, near the established Carriage Crossing neighbourhood and RIM Park.
On October 27, 2025, Waterloo City Council approved the draft plan of subdivision for a mixed-use community at 400 Millennium Boulevard, contemplating up to 634 residential units.
The broader development includes plans for:
The original planning application identified a range of approximately 583–634 residential units.
The City's newer rezoning application identifies a range of 572–623 residential units across the entire property. The final number and configuration of homes may change as the development progresses.
Activa's latest application, Z-26-18, proposes rezoning Blocks 6 and 8 within Draft Plan of Subdivision 30T-23401.
These blocks are currently zoned Residential Seven (R7), which permits townhouses under the applicable site-specific zoning provisions.
The developer is requesting Residential Five (R5) zoning to permit single-detached homes instead.
In practical terms, the proposed amendment would allow detached homes on two portions of the subdivision where townhouses were previously planned.
These proposed changes apply to Blocks 6 and 8. The broader subdivision continues to include a variety of residential housing types, along with commercial and community uses.
The new rezoning application is subject to the City's planning review process.
New residential developments contribute to the evolving housing landscape in Waterloo, particularly in growing areas of the city.
For prospective buyers, the proposed change could introduce additional detached-home options within a future northeast Waterloo community.
For existing homeowners, development activity provides useful context about the types of housing being planned nearby, future neighbourhood growth and potential changes to the surrounding area.
However, a proposed zoning change does not automatically translate into new homes being built or made available for purchase.
Construction timelines, pricing and sales availability have not been confirmed through the municipal planning information reviewed.
New development does not, on its own, determine whether existing home values will increase or decrease. Property values are influenced by numerous factors, including buyer demand, comparable sales, inventory and broader market conditions.
The broader subdivision received draft plan approval from Waterloo City Council on October 27, 2025.
The newer rezoning application affecting Blocks 6 and 8 is a separate proposal that remains subject to the applicable municipal review and approval process.
Draft plan approval is an important planning milestone, but it should not be confused with final subdivision registration or authorization to begin construction.
Additional approvals, servicing requirements and permits may be necessary before building proceeds.
The property is located in northeast Waterloo, near RIM Park and Country Squire Road, in the vicinity of the established Carriage Crossing neighbourhood.
Activa Holdings Inc. is the developer associated with the proposed subdivision and the latest rezoning application.
The original subdivision application contemplated 583–634 residential units, with Waterloo City Council approving a draft plan allowing up to 634 units in October 2025.
The newer rezoning application identifies a range of 572–623 units for the overall property. The ultimate number may change.
Yes. Single-detached homes were already included in the broader subdivision plan. The latest application proposes allowing detached homes on two additional blocks previously zoned for townhouses.
A confirmed construction start date has not been established in the municipal planning information reviewed for this article.
The planning records do not establish a confirmed sales launch, pricing or available inventory. Buyers interested in future new-construction opportunities should monitor announcements from the developer.
It is too early to determine what effect the development may have on surrounding property values. Individual property characteristics, neighbourhood demand, comparable sales and overall market conditions remain important considerations.
Waterloo continues to evolve, with new residential developments, planning applications and neighbourhood growth contributing to the city's long-term housing landscape.
For homeowners and prospective buyers, understanding what is being proposed—and distinguishing it from what has already been approved—can provide valuable context when making real estate decisions.
Drew and I believe that staying informed about local development is an important part of understanding the Waterloo Region real estate market.
Whether you're considering selling your home, purchasing a property or simply curious about how your neighbourhood is evolving, we're always happy to share our perspective on local market conditions and opportunities.
Thinking about buying or selling in Waterloo Region? Connect with The Deutschmann Team for a personalized discussion about your home, your neighbourhood and your real estate goals.
Planning information reviewed November 8, 2026, and is subject to change. The Deutschmann Team is not affiliated with Activa Holdings Inc. or the developer’s sales program.
