95-109 WEBER Street|Kitchener, Ontario N2H1C6

MLS Number: 40704414 Property Details: • Type: Vacant Land • Bedrooms: N/A • Bathrooms: N/A • Building Type: N/A Additional Information: 95-109 Weber Street, 64-74 Cedar Street North and 7 & 14 May Place (the Property or the Site) represents a redevelopment opportunity bordering downtown Kitchener. Spanning 0.71 acres, the Site is currently improved with 7 income-producing multi-residential buildings and a community garden. The Property boasts an exceptional location bordering downtown Kitchener, providing residents with unparalleled access to urban amenities and transportation networks. The Site's proximity to key transit hubs, including the Kitchener Market Station LRT ION stop (450m), the Weber/Cedar GRT bus stop (44m), and the future King-Victoria Transit Hub (1.2km), ensures seamless mobility for commuters and residents through the City. An initial development concept proposed by the Vendor illustrates a high-rise 28-storey tower, yielding 276 residential units and a total GFA of 252,704 SF. The Property represents an opportunity to acquire income-producing assets with significant rental upside. (68701166) Agent Information: • Agents: MARTIN COTE • Brokerage: CBRE LIMITED Time on Realtor: 1 day ago