983* King Street E, Kitchener, Ontario

$4,999,999

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1

Square foot

0.64

Acres

About 983* King Street E

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:6289)

Features of 983* King Street E

Listing # X13868990
Price $4,999,999
Bathrooms 0.00
Square Footage 1
Acres 0.64
Type Vacant Land

Community Information

Address 983* King Street E
City Kitchener
Province Ontario
Postal Code N2G2R2

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Listing Details

OfficeCHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

Listing Map

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