For Sale

288 OTTAWA Street, Kitchener, Ontario N2G3T6

$5,990,000

288 OTTAWA Street, Kitchener, Ontario N2G3T6 is For Sale and has a listing price of 5,990,000. The property is located in the Mill Courtland Woodside Park neighbourhood. It's been on the website for 90 Days.

  • Vacant Land
    Property Type
  • MLS ID: 40611918
  • Office Name ROYAL LEPAGE WOLLE REALTY
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 .New Zoning allows for Mix residential and Commercial use is. In Progress Studies completed to Date: Geotechnical report, Legal and Topo Survey, Site Servicing, Wind Study, Shadow Study, Traffic and Parking Study, Noise Study, ESA Phase 1, Landscape, Concept Drawings. 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 $5990,000.00.Seller provide a VTB of 65%,up to a two-year term and interest only payments. (id:43137)

Property Details
  • MLS ID: 40611918
  • Price: $5,990,000
  • Transaction Types: For Sale
  • Ref ID: 27092828
  • Year Built: N/A
  • Property Type: Vacant Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
06/26/2024 40611918 $5,990,000 For Sale - -
03/28/2024 40562862 $6,495,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Mill Courtland Woodside Park
  • $761,897 Average List Price
    based on 1 year
  • 14 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 4.46 % Below
  • Sold (12mo) 17
  • Rented (12mo) 4

  • 1 Month Change -9.0%
  • 3 Month Change -28.4%
  • 6 Month Change -16.4%
Walkscore
  • 67 Walk Score
    Somewhat Walkable
  • 58 Transit Score
    Good Transit
  • 76 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    84.6%
  • Commercial
    5.88%
  • Condo
    8.3%
  • Land for Sale
    1.21%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 None
  • Water None
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 26/06/2024 00:00:00
  • Zoning R1e
  • Agent Name: ANA MLADINEO
  • Address Subdivision: 311 - Downtown/Rockway/S. Ward
  • Last Updated: 27/06/2024 19:30:27
Open House Dates
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