555 Park Street Kitchener, Ontario N2G 1N8

$299,900

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. (id:52468)

Property Details

MLS® Number 40817408
Property Type Vacant Land
Amenities Near By Hospital, Public Transit

Building

Basement Type None
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Public Transit
Sewer Municipal Sewage System
Size Depth 76 Ft
Size Frontage 65 Ft
Size Total Text Under 1/2 Acre
Zoning Description Sga-2

Utilities

Electricity Available
Natural Gas Available

https://www.realtor.ca/real-estate/29552149/555-park-street-kitchener

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