416-777-2200

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Apartments - FOR SALE
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1044 Courtland Ave
Kitchener, ON N2C 2C7
Kitchener South-East


OVERVIEW

On behalf of TDB Restructuring Limited in its capacity as court-appointed receiver (the “Receiver”), Colliers Macaulay Nicolls Inc. (the “Advisor”) is pleased to present a fully approved transit oriented development opportunity located at the southwest corner of Courtland Avenue East and Block Line Road in Kitchener, Ontario. This property has received both a Zoning By-Law Amendment and an Official Plan Amendment, allowing for decreased timelines and a phased purpose built rental project within Kitchener-Cambridge-Waterloo area, which is the highest growing population in Canada. The 6.35 Acre development plan encompasses +/- 1,700,000 square feet of gross floor area and features four residential towers with up to 2,500 residential & affordable units. These towers will range in height from 26 to 35 storeys, creating a dynamic skyline within the Alpine neighborhood. Designed as a complete mixed-use community, the project also includes over 200,000 square feet of commercial space to accommodate office, retail, and essential community services. Located directly adjacent to the future Block Line ION LRT station, within a Major Transit Station Area (MTSA) this transit-oriented site offers a unique opportunity for developers & builders to shape a vibrant, accessible community that aligns with regional and provincial intensification goals, within a city area that has a population growth of more than 6% per year.

FOR SALE DETAILS

PRICE

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# OF UNITS

3000

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Inclusive on Courtland

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

35

YEAR BUILT

2027

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.35 AC

LAND SF

276,606 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jeremiah ShamessColliersMore Info
416-777-2200

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Jeremiah ShamessColliersMore Info
416-777-2200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.