983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, Ontario

$4,999,999

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0.64

Acres

About 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street

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)

More Info on this 311 - Downtown/Rockway/S. Ward MLS® listing

983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street is a listing for sale in Kitchener. The MLS® number is 40865108. It's currently listed for $4,999,999. For more details on MLS® 40865108, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in 311 - Downtown/Rockway/S. Ward is available now!

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Features of 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street

Listing # 40865108
Price $4,999,999
Acres 0.64
Type Vacant Land

Community Information

Address 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street
Subdivision 311 - Downtown/Rockway/S. Ward
City Kitchener
Province Ontario
Postal Code N2G2R2

Amenities

Utilities Natural Gas, Electricity
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No
Basement None

Exterior

Lot Description 0.64

Additional Information

Zoning MU-3

Listing Details

OfficeChestnut Park Realty Southwestern Ontario Limited

Listing Map

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