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56 SPRUCEDALE Crescent

56 SPRUCEDALE Crescent

Kitchener, Ontario

  • Vacant Land
$299,900

A rare infill opportunity in the desirable Forest Heights neighboudhood. This fully serviced 48 foot x 110 foot residential lot offers a unique advantage in today’s market: a 1 inch municipal water hookup will be allowed by The City, making this one of the few lots in the Region currently positioned for new development amid ongoing water-servicing limitations. Located on a quiet crescent, the property provides an ideal setting for your custom home. Enjoy exceptional convenience with The Boardwalk just minutes away—offering shopping, dining, medical offices, fitness facilities, and everyday amenities. Families will appreciate the close proximity to schools, parks, trails, and major transportation routes. Whether you’re a builder, investor, or future homeowner, this lot delivers both immediate practicality and long-term potential in a highly desirable area of Kitchener.

Price History

Schools

Elementary

  • Westheights Public School0.5 km

    Public · Waterloo Region DSB · 480 students

  • John Darling Public School0.7 km

    Public · Waterloo Region DSB · 175 students

    Grade 3 reading: 88% met the provincial standard · Grade 6 math: 90% met the provincial standard

  • St Mark Catholic Elementary School0.7 km

    Catholic · Waterloo CDSB · 390 students

    Grade 3 reading: 94% met the provincial standard · Grade 6 math: 38% met the provincial standard

Secondary

  • Forest Heights Collegiate Institute1.4 km

    Public · Waterloo Region DSB · 1555 students

    Grade 10 literacy: 86% met the provincial standard

  • Resurrection Catholic Secondary School2.1 km

    Catholic · Waterloo CDSB · 1920 students

    Grade 10 literacy: 90% met the provincial standard

  • Kitchener Waterloo Collegiate and Vocational School4.4 km

    Public · Waterloo Region DSB · 1650 students

    Grade 10 literacy: 88% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N2N

Population
26,596
Private dwellings
9,145
Median age
39.2
Average household size
2.9
Median household income
$108,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Vacant Land in Kitchener · last 12 months

Median sold price
$665,000
Homes sold
1,921
Median days on market
20
Sale-to-list price
101.0%

Based on 1,921 recorded sales of vacant land properties in Kitchener over the last 12 months.

Walk Score

45

Walk

37

Transit

55

Bike

Scores by Walk Score®

Mortgage Calculator

$59,980

Estimated Monthly Payment

$1,473

Land transfer tax

Estimated land transfer tax$2,974

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,473/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $75/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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