UPDATED:
09/26/2024 03:59 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,560 sqft
Price per Sqft $1,587
MLS Listing ID 40485264
Bedrooms 17
Abv Grd Liv Area 11,340
Originating Board Waterloo Region
Annual Tax Amount $32,939
Property Description
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 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.
Location
Province ON
County Waterloo
Area 2 - Kitchener East
Zoning D-4
Direction Directly across from City Hall and adjacent to Central Kitchener LRT stop
Rooms
Basement Walk-Up Access, Full, Finished
Kitchen 0
Interior
Interior Features Separate Heating Controls
Heating Baseboard
Cooling None
Fireplace No
Appliance Hot Water Tank Owned
Laundry Shared
Exterior
Garage Unassigned, Guest
Waterfront No
Roof Type Asphalt
Lot Frontage 98.0
Parking Type Unassigned, Guest
Garage No
Building
Lot Description Rectangular, City Lot, Library, Park, Place of Worship, Public Parking, Public Transit, Shopping Nearby
Faces Directly across from City Hall and adjacent to Central Kitchener LRT stop
Story 2.5
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 223170084
Ownership Freehold/None
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