296 OTTAWA St S, Kitchener MLS Number: X8486610

Fantastic redevelopment site. Steps to LRT, large lot 160x 237 approx. 0.73 acres. Must be purchased with 288 Ottawa St S (X8486704). New Zoning approved March 18th under Growing Together is SGA2 under Official Plan SGA-B which allows up to 28 Stories Building, ZBA application for SGA-3 is required to get 28 stories. Studies completed to Date for the ZBA application: Geotechnical report, Legal and Topo Survey, Site Servicing, Wind Study, Shadow Study, Traffic and Parking Study, Noise Study, ESA Phase 1, Landscape, 28 Stories Concept Drawings with 336 Units plus 3 Commercial areas on Ground Level. The properties were amalgamated and transferred into the Corporations Ownership. 286 and 288 Ottawa were amalgamated into one, also 292 and 296 were amalgamated into one. The total asking price for all properties is $5,499,000.00.