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314-318 Blucher Blvd

0.27 Acres of Commercial Land Offered at £550,640 in Kitchener, ON N2H 5V9

Investment Highlights

  • Excellent accessibility, with quick access to major commuter routes
  • Zoning allows a wide range of uses, including detached homes, semi-detached homes, townhomes, and duplexes
  • Prime residential development site in a central location

Executive Summary

Lennard Commercial Realty is pleased to offer for sale 314-318 Blucher Blvd in Kitchener. The offering includes two properties being sold together, totaling approximately 0.279 acres, with RES-4 Low Rise Residential Four zoning. Just a short distance from downtown Kitchener, this site offers an excellent opportunity to intensify land use, accommodating 10 residential units without the lengthy and costly rezoning process. Utilizing Kitchener’s newly passed ‘Enabling Four Units’ policy, the site efficiently maximizes the number of Additional Dwelling Units, making it a standout infill project! The combination of a feasible development concept, Kitchener’s strong rental market, and a rapidly growing population makes 314-318 Blucher Blvd an exceptional opportunity for those seeking a high-value property with significant growth potential.

Property Facts

Price £550,640
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Hold For Development
Total Lot Size 0.27 AC

1 Lot Available

Lot

Price £550,640
Price Per AC £2,039,407
Lot Size 0.27 AC

Two properties being sold together, totaling approximately 0.279 acres.

Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RES (Low Rise Residential)
RES (Low Rise Residential)
  • Listing ID: 33208212

  • Date on Market: 17/09/2024

  • Last Updated:

  • Address: 314-318 Blucher Blvd, Kitchener, ON N2H 5V9

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