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99 Kehl Street Kitchener, Ontario N2M 3V1

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$650,000

Outstanding infill opportunity - ideal for your first multi-residential development! Easy to work with, 0.309 of an acre lot that can be maximized with frame construction. Planner believes possible 9 to 12 unit potential with 750 square foot units. New, proposed zoning could allow for around 14 units. Possibly up to 15 smaller units with successful Committee of Adjustment application for minor variance on parking. Lots of infill in progress and some recent completed developments on street. Some recent two bedroom condo sales down the street between $340,000 to $370,000. 10 minute walk - exactly 800 meters - to Mill Station LRT as per Google Maps. Google "REIN Transportation Effect" so you can understand the extreme importance and benefits of owning a development site within 800 M of an LRT station. (id:27864)

Business

Business Type Residential

Property Details

MLS® Number 30784542
Property Type Vacant Land
Amenities Near By Hospital, Public Transit, Schools
Features Level

Building

Appliances None
Fireplace Present No
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Hospital, Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 268 Ft
Size Frontage 49 Ft
Size Irregular 0.3
Size Total 0.3 Ac|under 1/2 Acre
Size Total Text 0.3 Ac|under 1/2 Acre
Zoning Description R6

Utilities

Cable Available
Electricity Available
Telephone Available
Water Available

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=21464448

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