Exclusive, For Sale Contact Broker for Price - Residential Development Site View Property Brochure
Exclusive | Multi-Res Development Opportunity in the Core of Downtown Kitchener
The lands are currently occupied by a single and two storey building with a combined square footage of 11,500 SF. This commercial building is currently used as sales/service/auto body. Access off King and Stirling Lane. Future development opportunity with MU-3 zoning and in close proximity to LRT stations. Redevelopment potential for a high density residential use consisting of aprox. 17 storey purpose built rental apartment building (with a 2 storey podium
and an 15 storey tower) with aprox. 163 units comprised of 1 and 2 bedroom options, as well as 1 and 2 bedrooms with optional dens.
A Floor Space Ratio (FSR) of 8.8.
The subject lands measure approximately .57 acres in area with approximately 170.29 ft of frontage on King Street E.
The property is located within the Kitchener Market Major Transit Station Area and a short distance away from Downtown Kitchener’s core area. Intensification and redevelopment within Major Transit Station Areas is both permitted and encouraged.
For more information, please contact:
Brad McGill | Broker
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