Property
Type, style and structure
- Type
- land
- Style
- vacant land / Vacant Land
- Ownership
- Freehold
- Basement
- None
+22 more
0.64 ac
Lot
Property Snapshot
Key details for this listing
MLS #40865108
Lot
Land, frontage and setting
- Lot
- 0.64 ac - 0.64
- Frontage
- 164.0 feet
About This Property
This vacant land in Kitchener offers a 0.64 ac lot. The property has lot dimensions of 0.64. The home features a none basement.
MLS Remarks
This assembly of five properties in a rapidly expanding area of Kitchener offers a rare opportunity for high-density residential development, spanning 0.64 acres of MU-3 zoned land. The site is strategically located between two similar developments and bordered to the west by the Light Rail Transit (LRT) system on Charles St. E. Pre-consultations with city planners and regional precedents indicate the potential for increased density through higher Floor Area Ratio (FAR) and Gross Floor Area (GFA) allowances. With frontage on King, Borden, and Charles streets, the property offers exceptional access. Preliminary site plan modeling suggests approval for approximately 304 units in a single tower configuration. The accompanying photos highlight the property’s boundaries and the potential high-rise development. (id:60351)
Full Listing Details
Address983 & 991-995 KING ST. E. & 512-516, 520 CHARLES ST. E. Street
MLS#40865108
Listing StatusActive
Property TypeLand
Sub-TypeVacant land
TransactionSale
Days on Market34
Common InterestFreehold
Annual Tax$15,075
StyleVacant Land
CityKitchener
ProvinceOntario
Postal CodeN2G2R2
Subdivision311 - Downtown/Rockway/S. Ward
Lot Size0.64 ac
Lot Dimensions0.64
Frontage164.0 feet
Zoning DetailsMU-3
BasementNone
UtilitiesNatural Gas, Electricity
SewerMunicipal sewage system
Water SourceMunicipal water
Annual Tax$15,075
Between Borden St. and Ottawa St. S.
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