Attention Builders, Developers and Investors!*R7 ZONING* An exciting development potential is available on this stunning property, which comprises 0.41 acre of land with a depth of 287 feet. The R7 zoning designation opens up numerous possibilities, including the construction of townhouses, stacked townhomes and Multi residential building. AAA Location minutes from Google Headquarters and Downtown, GO Transit Station, the LRT, Transit Hub and Expressway. Centrally located within a short distance to both Downtown Kitchener & Waterloo, close to parks, restaurants, and the Universities. This Legal duplex home currently offers 2 separate living units each with its own kitchen, laundry facility, separate hydro meters. Opportunities like this don't come often and it would be ideal to have this property for future development in this area and hold immense potential for future development in this rapidly growing area. Don't miss the chance to be a part of the exciting transformation taking place in this sought-after neighborhood. Current tenants pay 2600/month+ Utilities. (id:47421)
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Detailed Information
Lot
60 x 287 ft
Amenities Nearby
Public Transit
Listing Contract Date
2024-06-11
Location Description
WELLINGTON/VICTORIA
Ownership Type
Freehold
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
R7
Building
Basement Type
None
Utility Water
Municipal water
Utilities
Type
Description
Natural Gas
Available
Land
Total Size
0.41 acres
Amenities
Public Transit
Sewer
Municipal sewage system
Size of Irregular Land
0.41
Soil Type
Clay
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