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MLS® X12536578

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Land
Size 1 sqft
Garage No
Taxes $12,337
Days Active 66
Lot Size 
Approx. Age 
Avg. Price Per Sqft $5,500,000
MLS® Number X12536578

Property Address: 983 King St E, Kitchener, ON, N2G2N1

Average square foot calculated using Size range provided by listing agent.

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. (id:58753)Show Description
MLS® NumberX12536578
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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  • Commute

Commute

Starting Address
Destination Address
983 King St E, Kitchener, ON

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