$4,999,999 Sale

Listed 6 days ago

983* KING STREET E

MLS® x13868990 Vacant Land

Your request was received!

We'll be in touch soon to confirm the details.

Date:

Beds · 0

Baths · 0.0

Parking · 0

Sqft · 1 ac

Est. mortgage

$18,968/mo

Key Facts

Key facts for 983* KING STREET E

Property Type

Lots/Land

Parking

Garage: No, 0 parking

MLS #

X13868990

Size

1 ac sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

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:10452)

Full Property Details

Interior

Washrooms

0.0

Square Footage

1 ac sqft

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

1 ac sqft

Full Bathrooms

Half Bathrooms

Exterior

Acreage

0.64 ac

Parking Spaces

Garage Spaces Y/N

Zoning Description

MU - 3

Acreage

0.64 ac

Parking Spaces

Garage Spaces Y/N

Zoning Description

MU - 3

Building Description

Home Type

Lots/Land

Subtype

Vacant Land

Sewers

Sanitary sewer

Water Supply

Municipal water

Home Type

Lots/Land

Subtype

Vacant Land

Sewers

Sanitary sewer

Water Supply

Municipal water

Community

King East

Area Code

Kitchener

Community

King East

Area Code

Kitchener

Similar Properties (No results)

Mortgage Calculator

Calculate your estimated monthly mortgage payment

Price $4,999,999

Down payment

Interest rate

Amortization

Total cost of mortgage

Monthly payment

By clicking Save, we will calculate your estimated mortgage for all properties using the saved values (down payment percentage, interest rate, and amortization).

The accuracy and applicability of this calculator are not guaranteed.

Jagdeep Saini

Email: [email protected] Cell: 647-284-0081