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

Type: Lots and Land
Added: 1 month ago
Updated: 2 weeks ago
Last Checked: 12 hours ago
Listed by: Chestnut Park Realty Southwestern Ontario Limited
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Listing description
This Vacant Lot at 983 991 995 King St E 512 516 520 Charles St E Street Kitchener, ON with the MLS Number 40750154 listed by LEE QUAILE - Chestnut Park Realty Southwestern Ontario Limited on the Kitchener market 1 month ago at $5,500,000.

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)

Interior Features Discover the interior design and amenities

Basement: None

Exterior & Lot Features Learn about the exterior and lot specifics of 983 991 995 King St E 512 516 520 Charles St E Street

Water Source: Municipal water
Lot Size Units: acres
Lot Size Dimensions: 0.64

Utilities & Systems Review utilities and system installations

Sewer: Municipal sewage system

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Nearby Listings Stat Estimated price and comparable properties near 983 991 995 King St E 512 516 520 Charles St E Street

Active listings

628

Min Price

$1,195

Max Price

$8,500,000

Avg Price

$894,471

Days on Market

53 days

Sold listings

264

Min Sold Price

Max Sold Price

$9,999,900

Avg Sold Price

$695,675

Days until Sold

59 days

Nearby Places Nearby schools and amenities around 983 991 995 King St E 512 516 520 Charles St E Street

Cameron Heights Collegiate Institute (0.7 km)
301 Charles St E, Kitchener

Eastwood Collegiate Institute (1.1 km)
760 Weber St E, Kitchener

Rockway Mennonite Collegiate (1.2 km)
110 Doon Rd, Kitchener

Kitchener Memorial Auditorium Complex (0.8 km)
400 East Ave, Kitchener

Red Lobster (1.2 km)
1732 King St E, Kitchener

Concordia Club (1.3 km)
429 Ottawa St S, Kitchener

Ye's Sushi (1.7 km)
103 King St W, Kitchener

THEMUSEUM (1.6 km)
10 King St W, Kitchener

Centre In The Square (1.6 km)
101 Queen St N, Kitchener

Joseph Schneider Haus (1.7 km)
466 Queen St S, Kitchener

Price History

Listed

July 10, 2025

by Chestnut Park Realty Southwestern Ontario Limited

Lots and Land For Sale

$5,500,000

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

Listing description This Vacant Lot at 983 991 995 King St E 512 516 520 Charles St E Street Kitchener, ON with the MLS Number 40750154 listed by LEE QUAILE - Chestnut Park Realty Southwestern Ontario Limited on the Kitchener market 1 month ago at $5,500,000.

Nearby Listings Stat Estimated price and comparable properties near 983 991 995 King St E 512 516 520 Charles St E Street

Nearby Places Nearby schools and amenities around 983 991 995 King St E 512 516 520 Charles St E Street

Price History

Similar Vacant Land For Sale

Listing description
This Vacant Lot at 983 991 995 King St E 512 516 520 Charles St E Street Kitchener, ON with the MLS Number 40750154 listed by LEE QUAILE - Chestnut Park Realty Southwestern Ontario Limited on the Kitchener market 1 month ago at $5,500,000.