For Sale
$1,150,000
7 bd
6 ba
Tenant
Kitchener
MLS®: 40831555 Type: Vacant Land Ownership: Freehold Lot Size: 0.244 ac|under 1/2 acre Postal Code: N2H1B9
Brokerage: WHITNEY & COMPANY REALTY LIMITED Agent: MICHAEL LAMBERT
Exceptional redevelopment opportunity in the core of Downtown Kitchener. This site includes seven residential buildings generating over $200,000 annually in gross income, providing interim revenue. All of the Tenants are on a month-to-month leases, offering flexibility for future redevelopment. The property is currently zoned SGA-3, which permits higher-density residential development in one of Southwestern Ontario’s fastest-growing urban markets. (70616380)