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$1,100,000
Est. payment /mo
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Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID X13015734
Annual Tax Amount $12,421
Tax Year 2025
Property Sub-Type Vacant Land
Property Description
Exceptional development opportunity in the heart of Kitchener! This rare 56 x 220/230 ft vacant lot offers highly desirable dual zoning (Commercial & Residential), providing incredible flexibility for a wide range of potential uses. Whether you're an investor, developer, or builder, this property presents a unique chance to capitalize on mixed-use possibilities in a growing and dynamic area. The seller has already taken steps toward development, with plans submitted to the city (see site plan attached) for a proposed 3-storey multi-residential building consisting of 13 units (approval pending). This offers a strong starting point for buyers looking to fast-track a project, while still allowing the freedom to explore alternative concepts permitted under the property's versatile zoning. Ideally located in a rapidly evolving neighbourhood, walking distance to the downtown district with strong demand for both residential and commercial space, this lot is perfectly positioned for future growth and long-term value. Buyer to conduct their own due diligence regarding zoning, permitted uses, and development approvals based on their specific plans.
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Kitchen 0
Exterior
Waterfront Description None
Lot Frontage 56.0
Lot Depth 220.58
Others
ParcelsYN No
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Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
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