Room 1
Level not provided
448 NEW DUNDEE Rd
Kitchener, Ontario N2P 2N7
Description
Rare opportunity to acquire approx. 3.5 acres of development land in a desirable Kitchener location, with municipal approvals in place for a 26-unit residential strata community (14 detached, 12 semi-detached). Property is currently unserviced; water, sanitary sewer, and gas are available at the lot line. Buyer to complete their own due diligence regarding servicing, permits, costs, and timelines. Situated in a rapidly growing area with strong demand for new housing, this site offers convenient access to major roadways, established neighbourhoods, schools, parks, easy access to 401 highway and everyday amenities. An excellent opportunity for builders and developers seeking a well-located project with significant potential.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13085028
- Board
- TRREB MLS®
- Days on market
- Tax
- $8,181
- Lot
- 200.46 × 660.09 Feet
- Parking
- None, 0 Parking
Listing History
Listing activity for 448 NEW DUNDEE Rd, Kitchener, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $7,499,999 | N/A | For Sale | X13085028 |
Property Details
Property
- Property Type
- Vacant Land
- Style
- 2-Storey
- Municipality
- Kitchener
Inside
- Basement Type
- None
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Building
- Construction
- Brick
Parking
- Garage Type
- None
- Add. Parking
- 0
- Total Parking
- 0
Land
- Sewer
- Sewers
- Lot Size
- 200.46 × 660.09 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Brick
- Roof
- Asphalt Shingle
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
- Extras
- All existing studies, reports, approvals, plans, and documents in the possession or control of the Seller relating to the Property, including but not limited to any surveys, environmental reports, geotechnical reports, planning reports, engineering drawings, site plans, draft plans of subdivision, servicing and grading plans, and all correspondence with governmental or municipal authorities pertaining to the development of the Property, together with the benefit of any existing municipal approvals or development entitlements, to the extent transferable. No chattels are included.
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$34,380
- Down payment$1,500,000
- Mortgage amount$5,999,999
- Total interest$4,314,001
- Total cost$11,814,000
Cash flow analysis
$34,380
Total monthly payment
$35,062
Break-even down payment
100%
Cash flow-$35,062
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$7,499,999
$7,499,999
CAD
Estimate unavailable
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