For Sale: 983 & 991 512-516-995 520 King Charles St. E St Street E, Kitchener, ON - REW
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$4,999,999
0 bd • ba • sf • Land/Lot
983 & 991 512-516-995 520 King Charles St. E St Street E
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$4,999,999
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983 & 991-995 King St. E. & 512-516, 520 Charles St. E. StreetKitchener, ON, N2G 2R2

  • 0 Bed
  • Bath
  • Sqft
  • Land/Lot

About this home

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. (id:63626)
Listed by: LEE QUAILE, Broker of Record, Chestnut Park Realty Southwestern Ontario Limited

Home facts and features

Price details
List Price
$4,999,999
Get Pre-Approved
Gross Taxes for 2026
$12,337
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
164 ft x 0 ft (27878 ft²)
Depth
Frontage
164.0 feet
Title
Freehold
Agent details
Primary Agent
LEE QUAILE
Primary Broker
Chestnut Park Realty Southwestern Ontario Limited
Secondary Agent
Debbie Tsintaris
Secondary Broker
Chestnut Park Realty Southwestern Ontario Ltd., Brokerage
Listing details
Days on REW
1 Day
MLS® Number
40865108
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Sheppard Public School
  • Public
  • JK - 6
Cameron Heights Collegiate Institute
  • Public
  • 9 - 12
St Anne Catholic Elementary School
  • Catholic
  • JK - 8
Courtland Avenue Public School
  • Public
  • 7 - 8
Eastwood Collegiate Institute
  • Public
  • 9 - 12
Suddaby Public School
  • Public
  • JK - 6
Rockway Public School
  • Public
  • JK - 6
Queen Elizabeth Public School
  • Public
  • JK - 6
Smithson Public School
  • Public
  • JK - 6
Moffat Creek Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker of Record
LEE QUAILE
Phone:
(519) 804-7200
Office:
519-804-7200
Salesperson
Debbie Tsintaris
Phone:
(519) 804-4144
Office:
519-804-7200
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