983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street Kitchener, Ontario N2G 2R2
$4,999,999
This assembly of five properties in a rapidly expanding area of Kitchener offers a rare opportunity for high-density residential development, spanning 0.64 acres of MU-3 zoned land. The site is strategically located between two similar developments and bordered to the west by the Light Rail Transit (LRT) system on Charles St. E. Pre-consultations with city planners and regional precedents indicate the potential for increased density through higher Floor Area Ratio (FAR) and Gross Floor Area (GFA) allowances. With frontage on King, Borden, and Charles streets, the property offers exceptional access. Preliminary site plan modeling suggests approval for approximately 304 units in a single tower configuration. The accompanying photos highlight the property’s boundaries and the potential high-rise development. (id:50964)
Property Details
| MLS® Number | 40865108 |
| Property Type | Vacant Land |
| Amenities Near By | Public Transit |
Building
| Basement Type | None |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 233 Ft |
| Size Frontage | 164 Ft |
| Size Irregular | 0.64 |
| Size Total | 0.64 Ac|1/2 - 1.99 Acres |
| Size Total Text | 0.64 Ac|1/2 - 1.99 Acres |
| Zoning Description | Mu-3 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
Contact Us
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 06 2026 08:30:44
REALTORS® Association of Hamilton-Burlington
Chestnut Park Realty Southwestern Ontario Limited, Chestnut Park Realty Southwestern Ontario Ltd., Brokerage