Maximum 4 project can be compared at one go.
$XXX,XXX
Status:
Developers and builders, bring your creative vision to downtown Kitchener. This well maintained and carefully managed 17-unit multifamily property (all one bedroom apartments) is set on just over one-half of an acre (.503 acres) directly across from CityHall 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 land use study from LandPro highlighting this opportunity. Only a 600m walk to the future Waterloo Region transit hub, 400 m to Gaukel and Victoria Park, 750m to the Central library while the arts and entertainment of downtown Kitchener are all on the doorstep. Meanwhile, investors can make use of the excellent holding asset in the 17-unit building which generates solid income as plans are laid.
Property Type | :Residential Income |
MLS Number | :40485264 |
Listing Type | :Sale |
Property Age | :51-99 Years years |
Possession Date | : |
Last Updated | :22 Jan, 2024 (241 Days ago) |
Source | :Waterloo Region |
Area | :Waterloo |
City | :Kitchener |
Area Major | :2 - Kitchener East |
Area Minor | :212 - Downtown Kitchener/East Ward |
Postal Code | : N2H 3W8 |
Directions | :Directly across from City Hall and adjacent to Central Kitchener LRT stop |
Price | : $11,999,900 |
Property Taxes | :$32939.62 |
Tax Year | :2023 |
Bedrooms | :17 + |
Heating | :Baseboard |
Place of Worship | :No |
Cross Street | :Young |
Bathrooms | :17 |
Approx Square Footage | :11340 sqft |
Virtual Tour | :Virtual Tour (External Link) |
Parking Space | :35 |
Basement | :Walk-Up Access |
Park | :Park |
Library | :Library |
22 Jan, 2024
TREB #40485264
Price Change
$11999900