288 OTTAWA Street S Kitchener

288 OTTAWA Street S, Kitchener, Ontario

$5,990,000

Fantastic redevelopment site. Steps to LRT, large lot 160x 237 approx. 0.73 acres. Must be purchased with 296 Ottawa St S. New Zoning approved March 18th under Growing Together is SGA2 under Official Plan SGA-B which allows up to 28 Stories Building, ZBA application for SGA-3 .New Zoning allows for Mix residential and Commercial use is. In Progress Studies completed to Date: Geotechnical report, Legal and Topo Survey, Site Servicing, Wind Study, Shadow Study, Traffic and Parking Study, Noise Study, ESA Phase 1, Landscape, Concept Drawings. The properties were amalgamated and transferred into the Corporations Ownership.286 and 288 Ottawa were amalgamated into one, also 292 and 296 were amalgamated into one. The total asking price for all properties is $5990,000.00.Seller provide a VTB of 65%,up to a two-year term and interest only payments. (id:23309)

  • Listing ID: 40611918
  • Property Type: Vacant Land

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Details

  • Amenities Nearby: Airport, Hospital, Public Transit, Schools
  • Community Features: High Traffic Area
  • Ownership: Freehold
  • Transaction: For sale
  • Zoning Description: R5

Building

  • BasementType: None
  • Fireplace Present: False
  • Utility Water: None

Land

  • Access Type: Highway access
  • Amenities: Airport, Hospital, Public Transit, Schools
  • Sewer: Municipal sewage system
  • Size Frontage: 80 ft
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Listing provided by ROYAL LEPAGE WOLLE REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 288 OTTAWA Street S in Kitchener Ontario, was last modified on June 26th, 2024. Contact the Lifestyle Real Estate to schedule a viewing or to find other properties for sale in Kitchener.

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