448 NEW DUNDEE Road
Kitchener, ON
- Vacant Land
- 120 days on market
Rare opportunity to acquire approx. 3.5 acres of development land in a desirable Kitchener location, with municipal approvals in place for a 26-unit residential strata community (14 detached, 12 semi-detached). Property is currently unserviced; water, sanitary sewer, and gas are available at the lot line. Buyer to complete their own due diligence regarding servicing, permits, costs, and timelines. Situated in a rapidly growing area with strong demand for new housing, this site offers convenient access to major roadways, established neighbourhoods, schools, parks, easy access to 401 highway and everyday amenities. An excellent opportunity for builders and developers seeking a well-located project with significant potential.
Listing Details
- Taxes (2025)
- $8,181
- Listed
- May 5, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Brick
- Lot Size
- 200.46 x 660.09 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 0
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- New Dundee Rd & Homer Watson Blvd
- Parcel Number
- 227343645
- Possession
- Flexible
- Occupancy
- Vacant
Included
- Inclusions
- All existing studies, reports, approvals, plans, and documents in the possession or control of the Seller relating to the Property, including but not limited to any surveys, environmental reports, geotechnical reports, planning reports, engineering drawings, site plans, draft plans of subdivision, servicing and grading plans, and all correspondence with governmental or municipal authorities pertaining to the development of the Property, together with the benefit of any existing municipal approvals or development entitlements, to the extent transferable. No chattels are included.
Schools
Elementary
- St Josephine Bakhita Catholic Elementary School2.6 km
Catholic · Waterloo CDSB · 815 students
Grade 3 reading: 87% met the provincial standard · Grade 6 math: 66% met the provincial standard
- Oak Creek Public School2.7 km
Public · Waterloo Region DSB · 690 students
Grade 3 reading: 60% met the provincial standard · Grade 6 math: 50% met the provincial standard
- Jean Steckle Public School3.3 km
Public · Waterloo Region DSB · 650 students
Grade 3 reading: 73% met the provincial standard · Grade 6 math: 50% met the provincial standard
Secondary
- Huron Heights Secondary School4.1 km
Public · Waterloo Region DSB · 1455 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 N2P
- Population
- 25,040
- Private dwellings
- 8,848
- Median age
- 36
- Average household size
- 2.9
- Median household income
- $110,000
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
Residential Freehold in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,937
- Median days on market
- 20
- Sale-to-list price
- 100.9%
Based on 1,937 recorded sales of residential freehold properties in Kitchener over the last 12 months.
Listed by
KING REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$1,500,000
Estimated Monthly Payment
$36,845
Land transfer tax
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: $36,845/mo (20% down, 5.5%)
Taxes: $682/mo · Insurance: $1,875/mo
Estimates only. Consult a financial advisor.
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