555 Park Street, Kitchener, ON
Description
Property Highlights
Welcome to this remarkable ["1 1/2 Storey"] detached located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $299,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 64.65 x 76.12 ft lot
- Features a ["unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Water Heater Owned
- equipped with ["none"] central cooling and highly efficient forced air heating via gas
DEVELOPER ALERT: PRIME SGA-2 STRATEGIC GROWTH SITE. Attention Investors and Builders: This is a rare opportunity to secure a high-density wide lot in the heart of Kitchener's Strategic Growth Area (SGA-2). Being sold strictly for land value, this property is positioned within a Major Transit Station Area (MTSA), where the City's "Growing Together" framework encourages significant intensification. The current SGA-2 zoning supports a wide range of high-yield possibilities, including mid-rise residential development up to 8 storeys or versatile mixed-use projects. With the existing structure in "as-is" teardown condition, the value is entirely in the footprint and the aggressive zoning permissions that allow for a transition from single-use to a high-density urban form. Don't miss your chance to build upward in one of the region's most rapidly transforming corridors-where the policy for growth is already paved for your next project. AS IS - NOT habitable as is.
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Data-driven valuation for 555 Park Street, Kitchener, ON N2G 1N8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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