983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street

983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street
983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street
983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street
+24
* This unit size is calculated from property.ca data
$5,500,000
Instant Estimate Not Available
For Sale
177 days
 on site
$5,500,000
Instant Estimate Not Available
* This unit size is calculated from property.ca data
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Size
27878 sqft
Lot size
38277 sqft
Street frontage
N
Possession
-
Price per sqft
$197
Taxes
$12,337.45 (2022)
Parking Type
-
Style
-
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Description
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.
Broker: Chestnut Park Realty Southwestern Ontario Limited
MLS®#: 40659182
Property details
Parking:
No
Parking type:
-
Property type:
-
Heating type:
-
Style:
-
MLS Size:
27878 sqft
Lot front:
164 Ft
Lot depth:
232 Ft
Listed on:
Oct 7, 2024
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Instant estimate:
Not Available

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About 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street

983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street is. 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street has an asking price of $5500000, and has been on the market since October 2024. This other is 27878 Squa.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this other.

For those residents of 983991995 Charles St E, Kitchener without a car, you can get around quite easily. The closest transit stop is a Bus Stop (Borden Station) and is only steps away connecting you to Kitchener's public transit service. It also has route 205 Ixpress nearby.

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