142 146 Fergus Avenue, Kitchener

Living area: 1 sqft
Type: Lots and Land
Added: 3 months ago
Updated: 3 months ago
Last Checked: 1 day ago
Listed by: HOME LEADER REALTY INC.
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Listing description
This Vacant Lot at 142 146 Fergus Avenue Kitchener, ON with the MLS Number x12145095 listed by MAZIAR MOINI - HOME LEADER REALTY INC. on the Kitchener market 3 months ago at $3,388,888.

Kitchener Purpose-Built Rental For Sale or JV! Nearly approved 88-unit (potential 118) project with CMHC MLI Select eligibility. Ideal for market, affordable, senior, or student housing. Estimated $45M build with potential 50-year amortization. Cash/equity as low as ~$2.2M, depending on sponsor net worth and CMHC approval. Site: 0.965 acres, 72,616 SF GFA, 89 parking stalls, 28 bike spaces. Projected $3.15M gross rent, $2.3M NOI, 7% stabilized cap. As-is appraisal $6.8M (July 2024); asking $5M. Prime location near GO, schools, shopping & jobs. Rare chance for secure long-term income. (id:1945)

Property Details Key information about 142 146 Fergus Avenue

Cooling: Fully air conditioned
Heating:
- Forced air
- Natural gas

Exterior & Lot Features Learn about the exterior and lot specifics of 142 146 Fergus Avenue

Water Source: Municipal water
Lot Size Units: acres
Lot Size Dimensions: 0.96

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Nearby Listings Stat Estimated price and comparable properties near 142 146 Fergus Avenue

Active listings

301

Min Price

$1,350

Max Price

$7,990,000

Avg Price

$867,769

Days on Market

45 days

Sold listings

144

Min Sold Price

$199,000

Max Sold Price

$3,950,000

Avg Sold Price

$728,005

Days until Sold

52 days

Nearby Places Nearby schools and amenities around 142 146 Fergus Avenue

Emmanuel Bible College (0.2 km)
100 Fergus Ave, Kitchener

Eastwood Collegiate Institute (1.8 km)
760 Weber St E, Kitchener

Rockway Mennonite Collegiate (1.9 km)
110 Doon Rd, Kitchener

Cameron Heights Collegiate Institute (3.6 km)
301 Charles St E, Kitchener

Bangkok Cuisine (0.5 km)
1500 Weber St E, Kitchener

Del Dente (0.9 km)
2980 King St E, Kitchener

Charcoal Steak House (0.9 km)
2980 King St E, Kitchener

Red Lobster (1.7 km)
1732 King St E, Kitchener

Kings Buffet Kitchener (1.8 km)
509 Wilson Ave #16, Kitchener

Concordia Club (3.3 km)
429 Ottawa St S, Kitchener

Boston Pizza (3.8 km)
721 Ottawa St S, Kitchener

Fairview Park Mall (1.2 km)
2960 Kingsway Dr, Kitchener

Chicopee Ski & Summer Resort. (1.5 km)
396 Sims Estate Pl, Kitchener

Kitchener Memorial Auditorium Complex (2.6 km)
400 East Ave, Kitchener

Price History

Listed

May 13, 2025

by HOME LEADER REALTY INC.

Lots and Land For Sale

$3,388,888

142 146 Fergus Avenue, Kitchener

Listing description This Vacant Lot at 142 146 Fergus Avenue Kitchener, ON with the MLS Number x12145095 listed by MAZIAR MOINI - HOME LEADER REALTY INC. on the Kitchener market 3 months ago at $3,388,888.

Nearby Listings Stat Estimated price and comparable properties near 142 146 Fergus Avenue

Nearby Places Nearby schools and amenities around 142 146 Fergus Avenue

Price History

Similar Vacant Land For Sale

Listing description
This Vacant Lot at 142 146 Fergus Avenue Kitchener, ON with the MLS Number x12145095 listed by MAZIAR MOINI - HOME LEADER REALTY INC. on the Kitchener market 3 months ago at $3,388,888.