172 WEST Avenue , Kitchener

2 Bed / 2 Bath / $850,000 / MLS® Listing #:40041123

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Attention developers!! This two lot land assembly is an R8 zone and has the potential of a medium density investment opportunity. Walking distance to the revitalized downtown core of Kitchener, LRT, St Marys hospital and adjacent to the Iron horse trail connecting directly into Victoria park. Ideal location for Urban condos suitable for renters or first time home buyers. 164 West ave and 172 West ave are currently tenanted and must be purchased together. Value is in the land, do not go direct. Property is under GRCA regulation but can be developed. Potential of achieving 37 unit building, concept plan attached. Buyer to conduct due diligence. (id:10452)

Property Details

Property Type House
Square Feet 1200.0000
Maintenance N/A
Days On Our Website 114
Basement Finished - Full (Finished)
Kitchens 1
Lot Dimensions 0|under 1/2 acre
Pool N/A
Area Kitchener
Air Conditioning Central air conditioning
Heating Natural gas - Forced air
Exterior Aluminum siding, Brick
Sewers Municipal sewage system
Water Municipal water

Listing Office: RE/MAX TWIN CITY REALTY INC.



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