(06-09-2015, 08:09 AM)MidTowner Wrote: I'm really curious what happens along this stretch. Now that it has been widened, and will be taking over for King as a primary vehicle route between Kitchener and Waterloo, those single family homes there are going to be worth more as building lots than single family homes. There are a lot of spots suitable for redevelopment. Obviously it will take a much different form than along the King corridor, but it would be nice to see some multi-family development, even if relatively low-density. And especially some retail. I wonder how long that will take.
A similar trend seems to be happening in Courtland Ave. approaching downtown/Victoria Park... or at least the property owners there seem to think so (me included).
1. There's a big hole in the ground where a low-rise apartment building is supposed to go up (posted by someone else in this forum). This used to be two run-down century homes on large lots.
2. Next to that are two semi-houses (both are legal duplex I think) that are up for sale (the two lots could make up another low-rise apartment). MLS Listing
3. There's also a commercial listing for this lot at Courtland and Peter ICX Listing
4. I've seen a few listings in the last year with "Development Opportunity" on top of the standard For Sale sign (not sure if any were sold).
While I don't see this becoming a mix use area but I can see a build up of medium density housing given its proximity to downtown, LRT, and highway access.