Description
VENDOR TAKE-BACK (VTB) FINANCING AVAILABLE UPON APPROVAL! Exceptional, high-density redevelopment opportunity located in the absolute heart of Downtown Kitchener's premier tech and innovation core. This 50-foot frontage by 132-foot deep rectangular infill lot features highly coveted SGA-2 (Strategic Growth Area) zoning, unlocking massive potential for a high-yield Missing Middle multi-unit project, stacked townhouses, or a boutique multi-residential build. The existing brick structure was previously utilized as a duplex, configured with 3 bedrooms and 2 bathrooms on the upper level. Furnace replaced 2025. Unbeatable tech-hub demographics drive this location, commanding immense demand from an influx of high-earning tech professionals, medical staff, and academics. You are steps away from global anchors including the Google Canada HQ, Communitech, and the Velocity incubator, alongside top-tier educational hubs like the University of Waterloo School of Pharmacy, McMaster School of Medicine, and Conestoga College. Enjoy immediate access to Victoria Park, upscale dining, and the LRT transit system. The property is being sold As-Is, Where-Is condition. (id:13843)
Details
| MLS # | 40835958 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1925 |
| Days On Site | 150 |
| Listing Provided By | RE/MAX TWIN CITY REALTY INC. | CHRIS PIMENTEL |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,374 |
| Garage | 4 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | SGA-2 (18H) |
| Acreage | 0.15 |
Interior
| Cooling | None |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Exterior
| Accessibility Features | Central Living Area |
|---|
Parking
| Parking Features | Detached Garage |
|---|---|
| Parking Total | 4 |
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 4233 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Kitchener |
| Postal Code | N2G1L4 |
| Community Name | 313 Downtown Kitchener/W. Ward |
| Listing VS Median (in 313 Downtown Kitchener/W. Ward) | |
Price: $474,900 low | high Med: $2,000 sqft: 1,374 low | high Med: 634 $ / sqft: $346 low | high Med: $3 On site: 150 low | high Med: 20 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Kitchener |
| Postal Code | N2G1L4 |
| Community Name | 313 Downtown Kitchener/W. Ward |
| Listing VS Median (in 313 Downtown Kitchener/W. Ward) | |
Price: $474,900 low | high Med: $2,000 sqft: 1,374 low | high Med: 634 $ / sqft: $346 low | high Med: $3 On site: 150 low | high Med: 20 | |
