Commercial & Industrial Land /ON /Waterloo County /Kitchener /142 Fergus Av
Commercial & Industrial Land /ON /Waterloo County /Kitchener /142 Fergus Av

142 Fergus Av - Commercial LAND FOR SALE


Kitchener, ON N2A 2H2- Kitchener North-East | 41,818 SF
$3,388,888 CAD
647-694-2234
142 Fergus Av, Kitchener, ON for Sale
$3,388,888 CAD
Commercial LAND - FOR SALE
1/5
41,818 SF
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142 Fergus Av
Kitchener, ON N2A 2H2
Kitchener North-East

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HIGHLIGHTS

  • Nearly Approved 88-Unit Development (Potential for 118 Units)
  • CMHC MLI Select Eligibility – Unlock long-term amortization and favorable financing
  • Outstanding Cash Flow Potential – Netting ~$2.2M based on sponsor-rented CMHC proforma

OVERVIEW

Strategically located at the corner of Weber Street East and Fergus Avenue, this prime property is ideal for developers targeting the market, affordable, senior, or student housing sectors.

FOR SALE DETAILS

PRICE

$3,388,888 CAD

PRICE/ACRE

$3,530,058/AC

PRICE/SF

$81 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Prime Investment Opportunity in Kitchener

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units, Apartment Units - Condo

LAND ACRES

0.96 AC

LAND SF

41,818 SF

OFFSITE IMPROVEMENTS

-

ZONING

R3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Maziar MoiniHome Leader RealtyMore Info
647-694-2234

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Maziar MoiniHome Leader RealtyMore Info
647-694-2234

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

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