Rare opportunity to acquire approx. 3.5 acres of development land in a desirable Kitchener location, with municipal approvals in place for a 26-unit residential strata community (14 detached, 12 semi-detached). Property is currently unserviced; water, sanitary sewer, and gas are available at the lot line.
Buyer to complete their own due diligence regarding servicing, permits, costs, and timelines. Situated in a rapidly growing area with strong demand for new housing, this site offers convenient access to major roadways, established neighbourhoods, schools, parks, easy access to 401 highway and everyday amenities. An excellent opportunity for builders and developers seeking a well-located project with significant potential.
All existing studies, reports, approvals, plans, and documents in the possession or control of the Seller relating to the Property, including but not limited to any surveys, environmental reports, geotechnical reports, planning reports, engineering drawings, site plans, draft plans of subdivision, servicing and grading plans, and all correspondence with governmental or municipal authorities pertaining to the development of the Property, together with the benefit of any existing municipal approvals or development entitlements, to the extent transferable. No chattels are included.
