172 West Avenue Kitchener, Ontario N2G 1R8
$850,000
Attention developers!! This two lot land assembly is an R8 zone and has the potential of a medium density investment opportunity. Walking distance to the revitalized downtown core of Kitchener, LRT, St Marys hospital and adjacent to the Iron horse trail connecting directly into Victoria park. Ideal location for Urban condos suitable for renters or first time home buyers. 164 West ave and 172 West ave are currently tenanted and must be purchased together. Value is in the land, do not go direct. Property is under GRCA regulation but can be developed. Potential of achieving 37 unit building, concept plan attached. Buyer to conduct due diligence. (id:22076)
Property Details
| MLS® Number | 40041561 |
| Property Type | Vacant Land |
| Amenities Near By | Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | High Traffic Area |
Building
| Basement Type | None |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 70 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R8 |
https://www.realtor.ca/real-estate/22570402/172-west-avenue-kitchener
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Kitchener-Waterloo Association of REALTORS®
RE/MAX Twin City Realty Inc.
December 16 2020 06:18:32
