$ 4,999,999
983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street
983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 1
27 Photos
983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 2
983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 3
983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 6 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 7 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 8 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 9 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 10 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 11 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 12 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 13 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 14 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 15 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 16 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 17 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 18 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 19 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 20 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 21 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 22 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 23 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 24 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 25 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 26 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2 Photo 27

983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener

This assembly of five properties in a rapidly expanding area of Kitchener offers a rare opportunity for high-density residential development, spanning 0.64 acres of MU-3 zoned land. The site is strategically located between two similar developments and bordered to the west by the Light Rail Transit (LRT) system on Charles St. E. Pre-consultations with city planners and regional precedents indicate the potential for increased density through higher Floor Area Ratio (FAR) and Gross Floor Area (GFA) allowances. With frontage on King, Borden, and Charles streets, the property offers exceptional access. Preliminary site plan modeling suggests approval for approximately 304 units in a single tower configuration. The accompanying photos highlight the property’s boundaries and the potential high-rise development. (id:1945)
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Property details for 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener

Type
Lots and Land
Lot Size
0.64
Basement
None
Ownership
Freehold
Annual Taxes
$12,337

Nearby Listings Stat

Estimated price and comparable properties near 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street

Active Listings
445
Min Price
$1
Max Price
$6,000,000
Avg Price
$659,700
Days on Market
60
days
Sold Listings
191
Min Sold Price
$69,900
Max Sold Price
$2,499,000
Avg Sold Price
$537,639
Days until Sold
68
days

Neighbourhood Census Data

Kitchener, Ontario

Population
476
Median Age
40.3
Median Income
$32,192
Dwelling Value
$299,422

Housing Tenure

Owners 40%
Renters 60%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2
Pop. Density: 2,312.9/km²
Avg Shelter Cost: $1,236/mo
Owners with Mortgage: 63.2%
Owners Spending 30%+: 21.1%
Tenants Spending 30%+: 37.9%
English only: 91.6%
English and French: 8.4%
Neither: 1.1%
Median Household Income: $48,384
Median Employment Income: $34,432

Price History

Listed
September 21, 2026
by Chestnut Park Realty Southwestern Ontario Limited
Current Price
$4,999,999
Type
Lots and Land
For Sale
983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street

Contact Agent Get in touch about 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener

LEE QUAILE
LEE QUAILE
Chestnut Park Realty Southwestern Ontario Limited

Similar Vacant Land near 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON N2G2R2

Comparison of 983 & 991-995 King St. E. & 512-516, 520 Charles St. E. Street, Kitchener, ON with Nearby Vacant Land
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