itso/IMG-40642140_1.jpg
103 days on Market

314-318 Blucher Blvd, Kitchener, Ontario N2H 5V9

Detached
-
-
- sqft
$995,000
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Detached
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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$4,273/mo

Tax Amount (2024)$5,562/yr

Days On Market103 days


Description

Prime residential development site in a central location! 314-318 Blucher Blvd is being sold together, totaling approximately 0.279 acres. Just a short distance from downtown Kitchener, this site offers an excellent opportunity to intensify land use and develop 10 RESIDENTIAL UNITS—all without the hurdles of a lengthy and costly rezoning process. Thanks to Kitchener's forward-thinking 'ENABLING FOUR UNITS' policy, this site takes full advantage of additional dwelling units, positioning it as a standout infill project! The combination of a feasible development concept, Kitchener’s strong rental market, and a rapidly growing population makes 314-318 Blucher Blvd an exceptional opportunity for those seeking a high-value property with significant growth potential!


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size13,473 Ac(149.89 x 89.89)
Parking Spaces-
MLS ®Number40642140
Community NameMt. Hope Huron Park
Data SourceITSO
Listing byLennard Commercial Realty

Features

Lot size: 13,473 Ac
Sewer (Municipal)

Property listed by Lennard Commercial Realty, Brokerage

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Population and Demographics

Overview

Total population 4867
Average household income $111,125

Age (%)

20 to 34
31%
35 to 49
21%
50 to 64
18%
0 to 19
16%
65 and plus
14%

Household composition (%)

Single family
51%
Single person
42%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
87%
Others
3%
German
2%
Arabic
1%
Spanish
1%
Mandarin
1%
Polish
1%
French
1%

House tenancy (%)

Renters
54%
Owners
46%

Schools and amenities

Estimated Budget