Kitchener N2H 4C6
Canada

Property

Ownership: For Sale
Type: Land

Financials

Price:C4,950,000
($3,578,400)
(€3,075,900)
Annual Taxes:C32,408.95
505 Park Ave, New York, NY 10022

Rare opportunity to acquire a four property land assembly in a highly desirable, well located area of Kitchener with possible income of between 16k 18k month to help carry while ...

Description

Rare opportunity to acquire a four-property land assembly in a highly desirable, well-located area of Kitchener with possible income of between 16k-18k/month to help carry while prepping for new development down the road. The site comprises four prime properties boasting an impressive frontage of 126.7 ft along Ahrens St W and extending 232.29 ft on Louisa St. Addresses 155 Ahrens St W, 227, 231 and 235 Louisa St have total land of 29,443.8 sq ft or 0.68 acres with a range of commercial and residential zoning designations. It includes Institutional zoning for those looking for Church usage or similar, Industrial zoning with numerous uses including garage/vehicle maintenance uses, light manufacturing, storage and more. All this providing exceptional flexibility for a variety of future possibilities. The location is further enhanced by its proximity to essential amenities such as grocery stores, diverse dining options, and trendy shopping destinations all within walking distance and just blocks away from the Kitchener GO Station and the LRT's Central Station, ensuring seamless connectivity to all that the region has to offer. Situated in the tranquil Mt Hope/Huron Park area, this site benefits from a remarkable Walk Score of 96 and a Bike Score of 94 with the coveted Spur Trail steps away offering a bike, running and walking trail with year round maintenance. This assembly presents significant potential for mixed-use concepts, live/work options abound, future development or long-term hold. Premium opportunity for the right Buyer!

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.