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Listed by Cindy Dacosta • RE/MAX REAL ESTATE CENTRE INC.
$ 678,900
Est. payment | /mo
$ 678,900
Est. payment | /mo
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40849815
Annual Tax Amount $2,930
Property Sub-Type Residential
Source Cornerstone
Property Description
Rare development opportunity with exceptional flexibility! This cleared 129' x 94' RES-4 zoned parcel offers multiple possibilities—from a custom estate home to duplex, triplex, fourplex, semis or a 5-unit freehold street townhouse development. Backing onto a protected woodlot and Lakeside Park, this premium setting offers future owners the rare benefit of natural green space and recreational amenities right behind the property. Concept plans, renderings and supporting reports are available for a proposed townhouse project incorporating additional residential units (ARUs) for up to 12 total dwelling units. Significant due diligence has already been completed, including survey, topographic survey, slope stability report, concept plans and engineering work, saving valuable time and expense. The lot has been cleared, addressing previous woodlot considerations. For buyers seeking a custom home, the City has advised a single-family residence may proceed with a septic system, eliminating the need for the sewer extension. Building permit drawings and septic design for a custom home are also available. An outstanding opportunity for builders, developers or those looking to create a dream home on a premium lot with extensive planning work already completed.
Location
State ON
County Waterloo
Area 3 - Kitchener West
Zoning R4
Direction Queens Blvd to Pleasant Ave to Perth Rd to Burnside Ave
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available At Lot Line-Gas, At Lot Line-Hydro
Lot Frontage 97.9
Lot Depth 139.02
Garage No
Building
Lot Description Urban, Irregular Lot, Highway Access, Schools
Faces Queens Blvd to Pleasant Ave to Perth Rd to Burnside Ave
Sewer Septic Tank, Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 224870222
Ownership Freehold/None
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