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45 BURNSIDE Avenue

45 BURNSIDE Avenue

Kitchener, Ontario

Vacant Land

$699,900

Rare development opportunity with exceptional flexibility! This cleared 129' x 94' RES-4 zoned parcel offers multiple possibilities—from a custom estate home to duplex, triplex, fourplex, semis or a 5-unit freehold street townhouse development. Backing onto a protected woodlot and Lakeside Park, this premium setting offers future owners the rare benefit of natural green space and recreational amenities right behind the property. Concept plans, renderings and supporting reports are available for a proposed townhouse project incorporating additional residential units (ARUs) for up to 12 total dwelling units. Significant due diligence has already been completed, including survey, topographic survey, slope stability report, concept plans and engineering work, saving valuable time and expense. The lot has been cleared, addressing previous woodlot considerations. For buyers seeking a custom home, the City has advised a single-family residence may proceed with a septic system, eliminating the need for the sewer extension. Building permit drawings and septic design for a custom home are also available. An outstanding opportunity for builders, developers or those looking to create a dream home on a premium lot with extensive planning work already completed.

Price History

Schools

Elementary

  • St Bernadette Catholic Elementary School0.6 km

    Catholic · Waterloo CDSB · 435 students

    Grade 3 reading: 85% met the provincial standard · Grade 6 math: 42% met the provincial standard

  • J F Carmichael Public School0.7 km

    Public · Waterloo Region DSB · 485 students

    Grade 3 reading: 72% met the provincial standard · Grade 6 math: 33% met the provincial standard

  • Queensmount Public School0.9 km

    Public · Waterloo Region DSB · 370 students

Secondary

  • Cameron Heights Collegiate Institute1.8 km

    Public · Waterloo Region DSB · 1765 students

    Grade 10 literacy: 90% met the provincial standard

  • Forest Heights Collegiate Institute2.1 km

    Public · Waterloo Region DSB · 1555 students

    Grade 10 literacy: 86% met the provincial standard

  • Kitchener Waterloo Collegiate and Vocational School2.4 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 N2M

Population
36,494
Private dwellings
16,113
Median age
36.4
Average household size
2.3
Median household income
$71,500

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
1,931
Median days on market
20
Sale-to-list price
101.0%

Based on 1,931 recorded sales of vacant land properties in Kitchener over the last 12 months.

Walk Score

60

Walk

47

Transit

58

Bike

Scores by Walk Score®

Location

Mortgage Calculator

$139,980

Estimated Monthly Payment

$3,438

Investment Analysis

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

Mortgage: $3,438/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $175/mo

Estimates only. Consult a financial advisor.

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