General Urban Kitchener Updates and Rumours

[panamaniac]

OK, checking ... and it can be sold (sorry about the mistake).  Basically the "original" owner is responsible for cleanup.  So if you buy a property without mitigation, you would need to then go after the seller to cover the mitigation expenses -- a pretty risky proposition.  So few buyers are willing to buy a gas station (for example) without a proper environmental assessment and mitigation.

So the fact that this property sold suggests that the assessment was done at some point.

Which reminds me - they were out drilling earlier this week beside the Huck Glove building on Victoria.  I wondered if that might be environmental in nature - I'm assuming that the Huck building could be next on the list of renovated factory spaces (with room on the site to incorporate new build).