Description

This unpriced exceptional investment opportunity featuring two properties under the same ownership, offered together in a prime location just minutes from downtown Kitchener. The property includes a well-established auto garage generating a strong and stable income, along with two residential homes providing additional rental revenue and diversified cash flow. A major highlight of this offering is the city's approval for high-density development (28 stories) (379 units) (GFA 250,000 approx), creating a substantial value-add and redevelopment potential. Strategically located in a rapidly growing urban corridor, the property is close to downtown Kitchener's business district, ION LRT stations, restaurants, shopping, entertainment venues, school, parks, and major transportation routes. Environmental is done. Record of Site is available. Ideal for investors, developers, and land bankers seeking immediate cash flow combined with long-term development upside. Rare opportunity to acquire a multi-income producing asset with approved high-density development potential in one of Kitchener's most desirable and evolving locations. Contact listing agent for financial information, planning details, and additional property information.

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