$ 5,499,000
288 OTTAWA Street S Kitchener, ON N2G3T6
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$ 5,499,000
Est. payment | /mo
$ 5,499,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision 311 - Downtown/Rockway/S. Ward
MLS® Listing ID 40611918
Originating Board Cornerstone - Waterloo Region
Property Description
Fantastic redevelopment site. Steps to LRT, large lot 160x 237 approx. 0.73 acres. Must be purchased with 296 Ottawa St S. New Zoning approved March 18th under Growing Together is SGA2 under Official Plan SGA-B which allows up to 28 Stories Building, ZBA application for SGA-3 is required to get 28 stories. Studies completed to Date for the ZBA application: Geotechnical report, Legal and Topo Survey, Site Servicing, Wind Study, Shadow Study, Traffic and Parking Study, Noise Study, ESA Phase 1, Landscape, 28 Stories Concept Drawings with 336 Units plus 3 Commercial areas on Ground Level. The properties were amalgamated and transferred into the Corporations Ownership.286 and 288 Ottawa were amalgamated into one, also 292 and 296 were amalgamated into one. The total asking price for all properties is $5,499,000.00. (id:24570)
Location
Province ON
Exterior
Garage No
Community Features High Traffic Area
Waterfront No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by ROYAL LEPAGE WOLLE REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "