S a n d a l R e a l E s t a t e

142-146 Fergus Avenue, Kitchener, ON N2A 2H2

142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2
142-146 Fergus Avenue, Kitchener, ON N2A 2H2

142-146 Fergus Avenue, Kitchener, ON N2A 2H2

$3,388,888

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142-146 Fergus Avenue, Kitchener, ON N2A 2H2, Kitchener, ON

Kitchener Purpose-Built Rental For Sale or JV! Nearly approved 88-unit (potential 118) project with CMHC MLI Select eligibility. Ideal for market, affordable, senior, or student housing. Estimated $45M build with potential 50-year amortization. Cash/equity as low as ~$2.2M, depending on sponsor net worth and CMHC approval. Site: 0.965 acres, 72,616 SF GFA, 89 parking stalls, 28 bike spaces. Projected $3.15M gross rent, $2.3M NOI, 7% stabilized cap. As-is appraisal $6.8M (July 2024); asking $5M. Prime location near GO, schools, shopping & jobs. Rare chance for secure long-term income

Property Highlights

For Sale
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    MLS NO.

    X12145095

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    Type

    Commercial

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    Sub Type

    Land

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    Square Footage

    0.96 sqft

Complete Property Details

Property Type Commercial
Sub Type Land
Transaction Type For Sale
Status Active
Contract Status Available
MLS® Number X12145095
Lot Width 127.4
Lot Size 0.96
Lot Size Units Acres
Garage Type In/Out
Cooling Yes
Heat Type Gas Forced Air Closed
Internet Address Display Yn Yes
Internet Entire Listing Display Yn Yes
Full Address 142-146 Fergus Avenue, Kitchener, ON N2A 2H2
City Kitchener
County / Region Waterloo
Province / State ON
Postal Code N2A 2H2
Cross Street Weber Street East and Fergus Avenue
Directions Weber Street East and Fergus Avenue
List Price $3,388,888
Annual Taxes $9,572
Tax Year 2024
Legal Description LT 54 PL 690 KITCHENER; KITCHENER - LT 55 PL 690 KITCHENER; KITCHENER
Possession Type Immediate
Listing Office HOME LEADER REALTY INC.
Board Toronto Regional Real Estate Board
Original Entry 2025-05-13T18:05:21Z
Media Updated 2025-05-13T18:05:22Z
Photos Updated 2025-05-13T18:05:22Z
Last Modified 2026-04-01T19:48:26Z
System Modified 2026-04-01T19:48:26.519267Z
MLS Status Price Change
Ddfyn Yes
Expiration Date 2026-05-13
Heat Type Multi Gas Forced Air Closed
Hstapplication In Addition To
Occupant Type Tenant
Originating System Id A00001796
Parcel Number 225650236
Public Remarks Kitchener Purpose-Built Rental For Sale or JV! Nearly approved 88-unit (potential 118) project with CMHC MLI Select eligibility. Ideal for market, affordable, senior, or student housing. Estimated $45M build with potential 50-year amortization. Cash/equity as low as ~$2.2M, depending on sponsor net worth and CMHC approval. Site: 0.965 acres, 72,616 SF GFA, 89 parking stalls, 28 bike spaces. Projected $3.15M gross rent, $2.3M NOI, 7% stabilized cap. As-is appraisal $6.8M (July 2024); asking $5M. Prime location near GO, schools, shopping & jobs. Rare chance for secure long-term income
Showing Requirements Showing System
Street Name Fergus
Street Number 142-146
Street Suffix Avenue
Vendor Property Info Statement No