$619,900

Vacant Land For Sale In Vanier, Kitchener, Ontario

$619,900

Property Information:

Exceptional investment opportunity at 35 Fifth Avenue! This permit-ready triplex project is designed for maximum profitability with three expansive 1,500 sq. ft. units, each offering 3 bedrooms (expandable to 4) and 10 bathrooms total. Featuring separate entrances, private balconies, a basement porch, and 3 parking spots (1 garage + 2 driveways), this property is ideal for high-demand multi-family rentals. All permits, including building and demolition, are in place for immediate construction—just step in and start building! With separate meters and gas heating, this R2B-zoned development is a builder’s dream and a smart investor’s next big win. Low $2,500 annual taxes and flexible possession make this a no-brainer. Survey included—everything’s ready to break ground. Survey available & Grading is ready.

Property Features:

  • Acres Range: < 0.5
  • Lot Depth: 165.49 Feet
  • Lot Features: Rural, Rectangular, Highway Access, Major Anchor, Public Transit, Schools
  • Lot Frontage: 40.09 Feet
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Municipal-Metered
  • Zoning: R4
  • Sewer: Sewer (Municipal)

Courtesy of: RE/MAX REAL ESTATE CENTRE INC.

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
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