LogoCPRB
Price ChangeFor Sale

142-146 Fergus Avenue
Kitchener, Waterloo, ON, N2A 2H2

Land
TRREB
MLS® Number: X12145095
$3,388,888List Price
LandProperty Type
0.96 acresSize
$9,572 / 2024Taxes (Annual)
Join CPRB Brokerage
Apply here
PRICE CHANGED
$3,388,888
Previously Listed For:
Changed on

Property Location

Loading map…
Receive updates in 142-146 Fergus Avenue, Kitchener, Waterloo, ON N2A 2H2

Listing History

Buy/sell history for 142-146 Fergus Avenue, Kitchener, ON N2A 2H2

0 Transactions by CPRB Agents

Top Agents in Kitchener

Description

Kitchener Purpose-Built Rental For Sale or JV! Nearly approved 88-unit (potential 118) project with CMHC MLI Select eligibility. Ideal for market, affordable, senior, or student housing. Estimated $45M build with potential 50-year amortization. Cash/equity as low as ~$2.2M, depending on sponsor net worth and CMHC approval. Site: 0.965 acres, 72,616 SF GFA, 89 parking stalls, 28 bike spaces. Projected $3.15M gross rent, $2.3M NOI, 7% stabilized cap. As-is appraisal $6.8M (July 2024); asking $5M. Prime location near GO, schools, shopping & jobs. Rare chance for secure long-term income

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$9,572 / 2024
Listing #:X12145095
Property Type:Land
Size:0.96 acres
Land Size:127.4 x 331.7
Days on CPRB:
Garage:In/Out
Locker:None
On CPRB Since:
Listing Brokerage:HOME LEADER REALTY INC.

Rooms

Details

Property

Property Type:Land
Municipality:Waterloo

Building

Size:0.96 acres

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:In/Out
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed
Utility Sewer:Sanitary+Storm

Land

Cross Street:Weber Street East and Fergus Avenue

$3,388,888

List price

142-146 Fergus Avenue, Kitchener – Land for sale · MLS® # X12145095 | CPRB