448 NEW DUNDEE Road
Kitchener, ON N2P 2N7
About This Property
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.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13085028
Listed by KING REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$36,623
/month · $5,999,999 mortgage
Amortization
Total Interest
$4,987,046
Total Cost
$10,987,045
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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KING REALTY INC.