$11,999,900

Vacant Land For Sale In City Commercial Core, Kitchener, Ontario

$11,999,900

Property Information:

Developers and builders, bring your creative vision to downtown Kitchener. This well maintained and carefullymanaged 17-unit multifamily property (all one bedroom apartments) is set on just over one-half of an acre(.503 acres) directly across from City Hall and beside the Central LRT station. With highly flexible D-5 zoning,this site could potentially house a 30+ storey high-rise residential tower someday. Ask for a copy of our landuse study from LandPro highlighting this opportunity. Only a 600m walk to the future Waterloo Region transithub, 400 m to Gaukel and Victoria Park, 750m to the Central library while the arts and entertainment ofdowntown Kitchener are all on the doorstep. Meanwhile, investors can make use of the excellent holding asset in the current multi-family building.

Property Features:

  • Acres Range:
  • Lot Features: Urban, Rectangular, City Lot
  • Lot Frontage: 98.00 Feet
  • Other Structures: Other
  • Utilities: At Lot Line-Gas, Electricity Connected
  • Water Source: Municipal
  • Zoning: D-5
  • Sewer: Sewer (Municipal)

Courtesy of: BENJAMINS REALTY INC.

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved