$700,000

6505 Kittyhawk Road, Kitchener V0B1W1

Detached

Listed by: Century 21 Assurance Realty Ltd.

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Description

LAND DEVELOPERS! This 26.24 acre parcel of land is a prime opportunity to create a variety of land uses . Situated on Kittyhawk Road but fronting on Highway 3, this level land has the best of both worlds with a large portion of it being R-2 Country Residential zoning and the remaining portion being C-1 Commercial zoning. Think of all the possibilities for developing this land! In the past the land owner subdivided off small acreage lots for residential properties along Kittyhawk Road and is currently using the highway frontage portion for paid advertising spots with billboard advertising by various businesses. Continue this passive income option or look to develop the commercially zoned land a different way. Located just a short drive from Creston, this is a scenic country setting along a main highway, exposure is excellent. This is the residual land left from when the residential properties were subdivided and sold, if you are looking for a project this may be just the one for you. Call your REALTOR for more details (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Structure: Other

Annual Taxes: $1,940

Lot Size: 26.24

Property Details

Property Type	Detached
Sub Type	Vacant Land
Lot Size	26 sq ft
Listing ID	10395849

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6505 Kittyhawk Road, Kitchener
MLS® 10395849 · $700,000

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Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

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Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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