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$3,388,888
108 Days On Site
142-146 Fergus AvenueKitchener, ON N2A 2H2
For Sale|Unimproved Land|Active
0
Beds
0
Total Baths
0.96
SqFt
$3,530,092
/SqFt
County:
Waterloo
Call Now: 647-909-3337
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647-909-3337
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Monthly Payment (Est.)
$15,461Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
Kitchener Purpose-Built Rental For Sale or JV! Nearly approved 88-unit (potential 118) project with CMHC MLI Select eligibility. Ideal for market, affordable, senior, or student housing. Estimated $45M build with potential 50-year amortization. Cash/equity as low as ~$2.2M, depending on sponsor net worth and CMHC approval. Site: 0.965 acres, 72,616 SF GFA, 89 parking stalls, 28 bike spaces. Projected $3.15M gross rent, $2.3M NOI, 7% stabilized cap. As-is appraisal $6.8M (July 2024); asking $5M. Prime location near GO, schools, shopping & jobs. Rare chance for secure long-term income.
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Listing Snapshot
Price
$3,388,888
Days On Site
108 Days
Bedrooms
N/A
Inside Area (SqFt)
0.96 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.96 Acres
Year Built
N/A
MLS® Number
X12145095
Status
Active
Property Tax
$9,572
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 months ago | Listing updated with changes from the MLS® | |
| 3 months ago | Price changed to $3,388,888 | |
| 4 months ago | Listing first seen on site |
General Features
Cross Street
Weber Street East and Fergus Avenue
Property Sub Type
Unimproved Land
SqFt Total
0.96
Water Source
Public
Zoning
R3
Interior Features
Heating
Forced Air
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Listing courtesy of HOME LEADER REALTY INC.
Listing information is provided by Participants of the Toronto Real Estate Board. VOW information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Toronto Real Estate Board
Last checked 2025-08-29 08:26 PM UTC
Listing information is provided by Participants of the Toronto Real Estate Board. VOW information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Toronto Real Estate Board
Last checked 2025-08-29 08:26 PM UTC
Neighborhood & Commute
Source: Walkscore
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