234 Victoria Street S, Kitchener, Ontario N2G 2C2

Listed for:
$1,125,000
0 beds
0 baths
Listed 166 days ago
234 Victoria Street S, Kitchener, Ontario N2G 2C2

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Listing provided by:
BENJAMINS REALTY INC.
MLS® number:
40519917
Agent:
Mark Benjamins
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About

The closest intersection is West Ave and Victoria St S Unique opportunity for this 160 Feet x 165 Feet (0.6 acres) property assembly zoned R7 with the potential to redevelopment as an apartment building, cluster townhouses, or stacked townhouses. Walking distance to the Downtown Kitchener, Communitech, Victoria Park, Iron Horse Trail, Catalyst 137, Belmont Village and shopping amenities. Great public transit access with only 900 meters to the Central Station LRT stop and future Regional Transit Hub, which will include GO and Via train service. Current zoning allows for up to 8 storeys (24 meters), Maximum Floor Space Ratio of 1.0, and potential for reduced parking considering the proximity to LRT. Property must be sold together with 244 Victoria St S, 238 Victoria St S, and 240 Victoria St S. The total asking price for all properties is $4,500,000. (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Freehold
Amenities nearby
Public Transit

Location

Summary

Located in the city of Kitchener, Ontario, this property offers a unique opportunity for potential redevelopment. With a land size of 0.6 acres, the property is zoned R7 and has the potential for assembly to create an apartment building, cluster townhouses, or stacked townhouses. Situated within walking distance to Downtown Kitchener, Communitech, Victoria Park, Iron Horse Trail, Catalyst 137, Belmont Village, and various shopping amenities, the property also boasts great public transit access, with the Central Station LRT stop and future Regional Transit Hub just 900 meters away.

The current zoning allows for up to 8 storeys (24 meters) and a Maximum Floor Space Ratio of 1.0. Additionally, there is potential for reduced parking requirements due to the proximity to the LRT. The property must be sold together with 244 Victoria St S, 238 Victoria St S, and 240 Victoria St S, with the total asking price for all properties set at $4,500,000. This property is for sale and is situated on 234 VICTORIA Street S, with a postal code of N2G2C2.

With nearby land amenities such as public transit, this property presents an excellent investment opportunity for those looking to capitalize on its prime location and potential for redevelopment. Don't miss out on this chance to acquire a property with endless possibilities in a highly sought-after area.

Street Spotlight - For sale