983* King Street
Kitchener, ON
- 0.64 sqft
- Land
- 295 days on market
This assembly of five properties in a rapidly expanding area of Kitchener offers a rare opportunity for high-density residential development, spanning 0.64 acres of MU-3 zoned land. The site is strategically located between two similar developments and bordered to the west by the Light Rail Transit (LRT) system on Charles St. E. Pre-consultations with city planners and regional precedents indicate the potential for increased density through higher Floor Area Ratio (FAR) and Gross Floor Area (GFA) allowances. With frontage on King, Borden, and Charles streets, the property offers exceptional access. Preliminary site plan modeling suggests approval for approximately 304 units in a single tower configuration. The accompanying photos highlight the property's boundaries and the potential high-rise development.
Listing Details
- Taxes (2024)
- $12,337
- Listed
- November 12, 2025
Price History
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Between Borden St.& Ottawa St.
- Zoning
- MU - 3
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Office
Community
Postal area N2G
- Population
- 14,580
- Private dwellings
- 8,284
- Median age
- 38
- Average household size
- 1.8
- Median household income
- $62,400
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
Commercial in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,930
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,930 recorded sales of commercial properties in Kitchener over the last 12 months.
Listed by
CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Annual property tax
- $12,337
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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