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Listed by Ana Mladineo • ROYAL LEPAGE WOLLE REALTY
$ 4,699,999
Est. payment /mo
Active
288 Ottawa Street Kitchener, ON N2G 3T6
4,000 SqFt
UPDATED:
12/20/2024 06:38 PM
Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $1,174
MLS Listing ID 40686048
Abv Grd Liv Area 4,000
Originating Board Waterloo Region
Annual Tax Amount $4,778
Lot Size 0.730 Acres
Acres 0.73
Property Description
Fantastic redevelopment site. Steps to LRT, large lot 160x 237 approx. 0.73 acres. Must be purchased with 288 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.
Location
Province ON
County Waterloo
Area 3 - Kitchener West
Zoning R5
Direction Mill/Courtland
Rooms
Basement Partial
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 80.0
Lot Depth 237.0
Garage No
Building
Lot Description Business Centre, City Lot, Hospital, Public Transit, Schools
Faces Mill/Courtland
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 225050479
Ownership Other
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