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Caroline Marshall

carolinesellsmuskoka@gmail.com +1(705) 388-1792

$ 5,350,000

Est. payment -/mo

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Active

109 Weber ST Kitchener, ON N2H 1C6

13 Beds

5,591 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-5 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 5,591 sqft

Price per Sqft $956

MLS Listing ID 40831562

Bedrooms 13

Abv Grd Liv Area 5,591

Annual Tax Amount $12,901

Lot Size 10,628 Sqft

Acres 0.244

Property Sub-Type Multi-5 Unit

Source Cornerstone

Property Description

Exceptional redevelopment opportunity in the core of Downtown Kitchener. This site includes seven residential buildings generating over $200,000 annually in gross income, providing interim revenue. All of the Tenants are on a month-to-month leases, offering flexibility for future redevelopment.

The property is currently zoned SGA-3, which permits higher-density residential development in one of Southwestern Ontario's fastest-growing urban markets.

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning SGA-3

Direction Weber St E and Cedar St N

Rooms

Basement Partial, Unfinished

Kitchen 0

Interior

Interior Features Other

Heating Baseboard, Forced Air

Cooling Wall Unit(s)

Fireplace No

Laundry Shared

Exterior

Roof Type Metal

Lot Frontage 95.37

Lot Depth 136.15

Garage No

Building

Lot Description Other

Faces Weber St E and Cedar St N

Story 2

Foundation Other

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick Veneer

New Construction No

Others

Senior Community false

Tax ID 225110071

Ownership Freehold/None

Listed by WHITNEY & COMPANY REALTY LIMITED

NEARBY SCHOOLS & PROPERTIES

Caroline Marshall

+1(705) 388-1792

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