57 days on Market

288 Ottawa St, Kitchener, Ontario N2G 3T6

Detached
-
-
- sqft
$4,699,999
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Detached
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-
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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$20,184/mo

Tax Amount (2023)$3,551/yr

Days On Market57 days


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 $4,699,999.00.


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size18,960 SqFt(237 x 80)
Parking Spaces-
MLS ®Number40669607
Community NameMill Courtland Woodside Park
Data SourceITSO
Listing byROYAL LEPAGE WOLLE REALTY

Features

Lot size: 18,960 SqFt
Sewer (Municipal)

Property listed by ROYAL LEPAGE WOLLE REALTY, Brokerage

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Population and Demographics

Overview

Total population 3222
Average household income $92,205

Age (%)

20 to 34
31%
35 to 49
20%
50 to 64
20%
0 to 19
16%
65 and plus
13%

Household composition (%)

Single family
50%
Single person
43%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
84%
Portuguese
3%
Others
3%
Spanish
3%
Serbian
1%
German
1%
Arabic
1%
Tigrigna
1%
Mandarin
1%

House tenancy (%)

Renters
55%
Owners
45%

Schools and amenities

Estimated Budget