3 Beds 2 Bath

555 Park Street, Kitchener, ON N2G 1N8

Kitchener N2G 1N8 Ontario

MLS: X12953232

$299,900

Added 2 hours ago | For Sale

Listed by: RE/MAX TWIN CITY FAISAL SUSIWALA REALTY

About Property

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.

Features

  • House Style:Detached
  • Bathrooms:2
  • Land Size: 64.65 X 76.12
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:UNION BLVD
  • Basement:Partially Finished,Unfinished , Partially Finished,Unfinished
  • Possession Date:Flexible
  • Annual Property taxes: $3826
  • Bedrooms:3
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12953232

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