Development Land FOR SALE

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Development Land

FOR SALE

Downtown Kitchener Development Opportunity

PETER BENNINGER REALTY, BROKERAGE* Du

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PROPERTY OVERVIEW Development opportunity in the heart of downtown Kitchener. Capitalize on the current Development Charge (DC) exemptions being offered in the downtown Core by the City of Kitchener and Region of Waterloo while there is still time! Building permits must be issued prior to March 1, 2019 in order for the development to qualify. The site is located within close proximity to a proposed Light Rail Transit (LRT) platform and also within 800m of the King and Victoria intersection - home of the new Multi-Modal Transportation Hub.

Coldwell Banker Peter Benninger Realty, Brokerage* 508 Riverbend Drive, Kitchener, ON N2K 3S2

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Queen-Joseph Assembly

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Victoria Park

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DETAILS Price:

$1,425,000

Size:

0.35 acres (combined)

Zoning:

MU-2 (Medium Intensity Mixed Use)

FOR MORE DETAILS CONTACT: Colin Vogel, Sales Representative [email protected] Direct 519-743-5211 Ext: 3110 Fax 519-571-4371

Peter Benninger, Broker of Record [email protected] Direct 519-743-5211 Ext: 3000 Fax 519-571-4371

coldwellbankercommercial.ca *Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.

Development Land

FOR SALE

Downtown Kitchener Development Opportunity

PETER BENNINGER REALTY, BROKERAGE*

Queen-Joseph Assembly QUEEN-JOSEPH ASSEMBLY

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Working with 2 separate owners who have agreed to jointly market their properties to create a unique assembly opportunity.

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2 of the buildings are occupied with rental revenue. Surrounded by existing residential uses the site is well positioned just a block from Victoria Park and the GRT bus terminal and within 3 blocks of a planned LRT platform.

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Development Charges The site is located within the Existing Downtown Core boundary which provides substantial savings on both Regional and Municipal Development Charges. A multiple residential development can see savings of approx. $15,633 per unit (and approx. $14.86 per square foot of gross floor area for non-residential development).

Colin Vogel, Sales Representative [email protected] Coldwell Banker Peter Benninger Realty, Brokerage* 508 Riverbend Drive, Kitchener, ON N2K 3S2

Direct Fax

519-743-5211 Ext: 3110 519-571-4371

coldwellbankercommercial.ca *Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.

Development Land

FOR SALE

Downtown Kitchener Development Opportunity

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Queen-Joseph Assembly

Coldwell Banker Peter Benninger Realty, Brokerage* 508 Riverbend Drive, Kitchener, ON N2K 3S2

coldwellbankercommercial.ca *Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.