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$4,999,999
Ontario,Kitchener
For Sale Active
983 & 991-995 KING ST. E. & 512-516, 520 CHARLES ST. E. Street, Kitchener, Ontario N2G2R2
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Basic Details
Description

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:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 40865108
  • Price: $4,999,999
  • Status: Active
  • Office Name: Chestnut Park Realty Southwestern Ontario Limited
  • Property Sub Type: Vacant Land
  • Office Key: 296447
Features & Appliances
Features
  • Basement: None
  • Sewer: Municipal sewage system
  • Utilities: Natural Gas, Electricity
Address Map
  • Location: CA, Ontario, Kitchener, 311 - Downtown/Rockway/S. Ward, N2G2R2
  • Street: KING ST. E. & 512-516, 520 CHARLES ST. E.
  • Street Number: 983
  • Street Suffix: Street
  • Longitude: W81° 31' 34.7''
  • Latitude: N43° 26' 32''
Additional Information
  • Water Source:
  • Lot Size Dimensions: 0.64
Financial
  • Tax Annual Amount: 12337
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Listing updated: 2026-09-22 00:41:31
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Listing Information
  • List Agent Key: 1688209
  • List Office Key: 296447
  • Modification Timestamp: 2026-09-21T18:35:14Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2026-09-21T18:29:39Z
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Listing updated: 2026-09-22 00:41:32
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