296 Ottawa St, Kitchener, Ontario N2G 3T6
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.$646,000*
Price/Sqft-
Days On Market31 days
Est. Mortgage$25,724/mth
Tax Amount (2023)$2,727/yr
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.
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