983* King Street E, Kitchener, ON N2G 2R2, Kitchener, ON
0.64 sqft
This assembly of five properties in a rapidly expanding area of Kitchener offers a rare opportunity for high-density residential development, spanning 0.64 acres of MU-3 zoned land. The site is strategically located between two similar developments and bordered to the west by the Light Rail Transit (LRT) system on Charles St. E. Pre-consultations with city planners and regional precedents indicate the potential for increased density through higher Floor Area Ratio (FAR) and Gross Floor Area (GFA) allowances. With frontage on King, Borden, and Charles streets, the property offers exceptional access. Preliminary site plan modeling suggests approval for approximately 304 units in a single tower configuration. The accompanying photos highlight the property's boundaries and the potential high-rise development.
Property Highlights
For Sale
MLS NO.
X12536578
Type
Commercial
Sub Type
Land
Square Footage
0.64 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Land
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X12536578
Lot Width
0.64
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
983* King Street E, Kitchener, ON N2G 2R2
City
Kitchener
County / Region
Waterloo
Province / State
ON
Postal Code
N2G 2R2
Cross Street
Between Borden St.& Ottawa St.
Directions
King St W
List Price
$5,500,000
Annual Taxes
$12,337
Tax Year
2024
Legal Description
PT PARKLT 25 PL 404 KITCHENER AS IN 384264, SAVE &
Possession Type
Flexible
Possession Details
Flexible
Listing Office
CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Board
Toronto Regional Real Estate Board
Original Entry
2025-11-12T15:21:47Z
Media Updated
2025-11-12T15:21:47Z
Photos Updated
2025-11-12T15:21:47Z
Last Modified
2025-11-20T15:06:46Z
System Modified
2025-11-20T15:06:46.958147Z
MLS Status
New
Basement Yn
No
Ddfyn
Yes
Expiration Date
2026-02-10
Hstapplication
Included In
Occupant Type
Tenant
Originating System Id
A00001796
Public Remarks
This assembly of five properties in a rapidly expanding area of Kitchener offers a rare opportunity for high-density residential development, spanning 0.64 acres of MU-3 zoned land. The site is strategically located between two similar developments and bordered to the west by the Light Rail Transit (LRT) system on Charles St. E. Pre-consultations with city planners and regional precedents indicate the potential for increased density through higher Floor Area Ratio (FAR) and Gross Floor Area (GFA) allowances. With frontage on King, Borden, and Charles streets, the property offers exceptional access. Preliminary site plan modeling suggests approval for approximately 304 units in a single tower configuration. The accompanying photos highlight the property's boundaries and the potential high-rise development.
