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$10,300,000
Est. payment /mo
3 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 3 sqft
Price per Sqft $3,433,333
MLS Listing ID X12165806
Annual Tax Amount $22,347
Tax Year 2025
Property Sub-Type Land
Lot Depth 226.0
Lot Front 187.0
Property Description
Shovel Ready For 330 Unit. Prime development opportunity located on the east side of Water Street South (Ontario Highway 24), approximately 520m south of Ainslie Street South and near Churchill Park. This 1.55-hectare (3.76-acre) site offers ~187m of frontage on Water Street South in the Kinbridge neighbourhood, a mixed-use area transitioning to mid/high-rise developments.Key Features: Zoning: Draft Plan Approved High-Density Residential. Development Potential: 330 units with a total GFA of 299,092 SF. Parking: 416 spaces. Natural Features: Adjacent to Moffats Creek and near the Grand River, a Canadian Heritage River.Conveniently located near schools, amenities, and green spaces, this site is ideal for high-density residential development.
Location
Province ON
County Waterloo
Area Waterloo
Zoning 051
Exterior
Utilities Available Available
Lot Frontage 187.0
Lot Depth 226.0
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Listed by ROYAL LEPAGE SIGNATURE REALTY