Kitchener, N2H 4T6
$725,000
Listed by RED AND WHITE REALTY INC..
Attention Developers, Builders and Investors! This property is being offered together with 118 Lancaster W. The two properties together add up to approximately half an acre of land with a depth of 285 feet which can provide you with an EXCELLENT DEVELOPMENT OPPORTUNITY. The R7 ZONING designation opens up numerous options, including the construction of townhouses, stacked townhomes and multi-residential buildings. EXCELLENT LOCATION near the GO/VIA Station, the LRT, Future Transit Hub and Expressway. Centrally located within a short distance to both Downtown Kitchener & Uptown Waterloo, close to parks, restaurants, schools, public transit, Universities, etc. This Legal Triplex offers two spacious units with two bedrooms in each which can provide good revenue until you're ready to redevelop. TAKE ADVANTAGE OF THIS OPPORTUNITY AND COME SEE IT TODAY!!
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.