For Sale - 555 Park Street, Kitchener, Ontario

Est payment $1,440/mo
Views   1
Time on Jump  1 days
  • High-density wide lot in Kitchener's Strategic Growth Area.
  • Zoning permits mid-rise developments or mixed-use projects up to 8 storeys.
  • Property sold strictly for land value, existing structure requires teardown.
  • Located within a Major Transit Station Area for easy access.
  • Opportunity to invest in a rapidly transforming urban corridor.



Developer alert: prime sga-2 strategic growth site. Attention investors and builders: this is a rare opportunity to secure a high-density wide lot in the heart of kitchener's strategic growth area (sga-2). Being sold strictly for land value, this property is positioned within a major transit station area (mtsa), where the city's "growing together" framework encourages significant intensification. The current sga-2 zoning supports a wide range of high-yield possibilities, including mid-rise residential development up to 8 storeys or versatile mixed-use projects. With the existing structure in "as-is" teardown condition, the value is entirely in the footprint and the aggressive zoning permissions that allow for a transition from single-use to a high-density urban form. Don't miss your chance to build upward in one of the region's most rapidly transforming corridors-where the policy for growth is already paved for your next project. As is - not habitable as is.
Listing IDX12953232
Address555 Park Street
CityKitchener, Ontario
Price$299,900
Bed / Bath3 / 2 Full
Style1 1/2 Storey, Detached
ConstructionAluminum Siding
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Water Heater OwnedOwnership FreeholdBasement Partially Finished, UnfinishedFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 4.00
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Listing Agency:  RE/MAX TWIN CITY FAISAL SUSIWALA REALTY

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555 Park Street
Kitchener , Ontario
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