10-16-2023, 04:49 PM
(10-14-2023, 10:25 PM)ZEBuilder Wrote:(04-15-2023, 11:08 AM)LesPio Wrote: 624 KING ST W - Property for Sale - King & Wellington - Looks like previous projects for this site will not be going forward...maybe something better
$8,000,000
(...)
Attention Builders & Investors! ( Joint Venture Only With Registered Tarion Builder Would Be Considered). Rare Opportunity To Invest In A Site-Plan Approved & Permit-Ready Dev. In The Heart Of Downtown Kitchener W/Total Of 34 Units Across 2 Buildings-1 Three-Storey Building W/15 Units & 1 Four-Storey Building W/19 Units.
34 Units In A Property That Costs Eight Million Dollars Is Pretty Low Density--That's $235K Per Unit In Terms Of Land Cost Alone, Before Any Shovel Hits The Ground. I Would Expect Rather Expensive (Though Not Large) Units If They Do Indeed Proceed With This Plan.