1603 W Highland Rd - Industrial LAND FOR SALE


Kitchener, ON N2N 3K5- Kitchener South-Central87,991 SF
$6,400,000 CAD
519-673-6444
1603 W Highland Rd, Kitchener, ON for Sale
$6,400,000 CAD
Industrial LAND - FOR SALE
1/1
87,991 SF

1603 W Highland Rd
Kitchener, ON N2N 3K5
Kitchener South-Central


OVERVIEW

1593 & 1603 Highland Road West (the “Property” or the “Site”), a ±2.02 acre Mid/high density development opportunity in Kitchener, Ontario. The offering has approved zoning along with an Official Plan Amendment (OPA) to allow for the development of two mixed use buildings measuring 13 and 16-storeys yielding 403 residential units. As part of the approved Official Plan Amendment (OPA) ±11,324 sq. ft. (1,052 sq. m.) of retail or service commercial space must be provided on the ground floor of the development. Located within an area of Kitchener currently experiencing a transition between rural country and urban development, the Site is well-positioned to facilitate intensification given its location and proximity to shopping, public transportation, schools, and employment opportunities. The Property is situated minutes to The Boardwalk, a major shopping centre offering popular chain stores, dining options, a movie theatre and 2 medical office buildings. The Site also enjoys convenient access to Highway 8, connecting to the heart of Kitchener, Waterloo, and Cambridge.

FOR SALE DETAILS

PRICE

$6,400,000 CAD

PRICE/ACRE

$3,168,324/AC

PRICE/SF

$73 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

Apartment Units - Condo

LAND ACRES

2.02 AC

LAND SF

87,991 SF

OFFSITE IMPROVEMENTS

-

ZONING

COM-3

APN/PARCEL ID

301206001206300

ASK ABOUT THIS PROPERTY

519-673-6444

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519-673-6444

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