Realestate

Property Details

1 of 9
$299,900
555 Park Street, Kitchener, ON N2G 1N8
3
2
MLS®X12953232
Property Type
Residential Freehold
Sub Type
Detached
Heating
Forced Air
Cooling
None
Lot Size
76.12 x 64.65 Feet
Approx Age
N/A
DEVELOPER ALERT: PRIME SGA-2 STRATEGIC GROWTH SITE. Attention Investors and Builders: This is a rare opportunity to secure a high-density wide lot in the heart of Kitchener's Strategic Growth Area (SGA-2). Being sold strictly for land value, this property is positioned within a Major Transit Station Area (MTSA), where the City's "Growing Together" framework encourages significant intensification. The current SGA-2 zoning supports a wide range of high-yield possibilities, including mid-rise residential development up to 8 storeys or versatile mixed-use projects. With the existing structure in "as-is" teardown condition, the value is entirely in the footprint and the aggressive zoning permissions that allow for a transition from single-use to a high-density urban form. Don't miss your chance to build upward in one of the region's most rapidly transforming corridors-where the policy for growth is already paved for your next project. AS IS - NOT habitable as is.
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