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$ 5,350,000
Est. payment | /mo
0.41 Acres Lot
$ 5,350,000
Est. payment | /mo
0.41 Acres Lot
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40831507
Annual Tax Amount $9,176
Lot Size 0.409 Acres
Acres 0.409
Property Sub-Type Residential
Source Cornerstone
Property Description
Exceptional redevelopment opportunity in the core of Downtown Kitchener. This site includes seven residential buildings generating over $200,000 annually in gross income, providing interim revenue. All of the Tenants are on a month-to-month leases, offering flexibility for future redevelopment.
The property is currently zoned SGA-3, which permits higher-density residential development in one of Southwestern Ontario's fastest-growing urban markets.
The property is currently zoned SGA-3, which permits higher-density residential development in one of Southwestern Ontario's fastest-growing urban markets.
Location
Province ON
County Waterloo
Area 2 - Kitchener East
Zoning SGA-3
Direction Weber St E and Cedar St N
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available Cell Service, Electricity Connected, Other
Lot Frontage 129.09
Lot Depth 124.81
Garage No
Building
Lot Description Urban, Irregular Lot, Corner Lot, City Lot, High Traffic Area, Public Transit
Faces Weber St E and Cedar St N
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community false
Tax ID 225110117
Ownership Freehold/None
Listed by WHITNEY & COMPANY REALTY LIMITED
Nearby Locations
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