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555 Park Street Kitchener, ON N2G 1N8
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Key Details
Sold Price $299,900
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,040 sqft
Price per Sqft $288
MLS Listing ID 40816871
Sold Date 04/30/26
Style 1.5 Storey
Bedrooms 3
Full Baths 2
Abv Grd Liv Area 1,040
Year Built 1888
Annual Tax Amount $3,826
Property Sub-Type Detached
Source Cornerstone
Property Description
DEVELOPER ALERT: PRIME SGA-2 STRATEGIC GROWTH SITE. Attention Investors and Builders: This is a rare opportunity to secure a high-density wide lot in the heart of Kitchener's Strategic Growth Area (SGA-2). Being sold strictly for land value, this property is positioned within a Major Transit Station Area (MTSA), where the City's "Growing Together" framework encourages significant intensification. The current SGA-2 zoning supports a wide range of high-yield possibilities, including mid-rise residential development up to 8 storeys or versatile mixed-use projects. With the existing structure in "as-is" teardown condition, the value is entirely in the footprint and the aggressive zoning permissions that allow for a transition from single-use to a high-density urban form. Don't miss your chance to build upward in one of the region's most rapidly transforming corridors—where the policy for growth is already paved for your next project. AS IS - NOT habitable as is.
Location
State ON
County Waterloo
Area 4 - Waterloo West
Zoning SGA-2
Direction UNION BLVD
Rooms
Basement Partial, Unfinished
Main Level Bedrooms 1
Bedroom 2 2
Kitchen 1
Interior
Heating Forced Air, Natural Gas
Cooling None
Fireplace No
Appliance Water Heater Owned
Exterior
Parking Features Asphalt, Tandem
Roof Type Asphalt Shing
Lot Frontage 64.65
Lot Depth 76.12
Garage No
Building
Lot Description Urban, Hospital, Major Highway, Park, Public Transit
Faces UNION BLVD
Foundation Unknown
Sewer Sewer (Municipal)
Water Municipal
Architectural Style 1.5 Storey
Structure Type Aluminum Siding
New Construction No
Others
Senior Community No
Tax ID 224220090
Ownership Freehold/None
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