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983* King Street E
Kitchener Kitchener N2G 2R2

$5,500,000 /For Sale
Commercial

Main Photo: 983* King Street E in Kitchener: Commercial for sale : MLS®# X12536578
Photo 1: 983* King Street E in Kitchener: Commercial for sale : MLS®# X12536578
Photo 2: 983* King Street E in Kitchener: Commercial for sale : MLS®# X12536578
Photo 3: 983* King Street E in Kitchener: Commercial for sale : MLS®# X12536578
Photo 4: 983* King Street E in Kitchener: Commercial for sale : MLS®# X12536578
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12536578
Bus Major:
Office
This assembly of five properties in a rapidly expanding area of Kitchener offers a rare opportunity for high-density residential development, spanning 0.64 acres of MU-3 zoned land. The site is strategically located between two similar developments and bordered to the west by the Light Rail Transit (LRT) system on Charles St. E. Pre-consultations with city planners and regional precedents indicate the potential for increased density through higher Floor Area Ratio (FAR) and Gross Floor Area (GFA) allowances. With frontage on King, Borden, and Charles streets, the property offers exceptional access. Preliminary site plan modeling suggests approval for approximately 304 units in a single tower configuration. The accompanying photos highlight the property's boundaries and the potential high-rise development.
Property Type:
Commercial
Property Sub Type:
Land
Freestanding:
Yes
Total Area:
27878 sq. ft. Acres
Total Area:
27,878.4 sq. ft.
Lot Depth:
0'
Lot Frontage:
0'8"
Water supply:
Municipal
Zoning:
MU - 3
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$12,337 / 2024
Assessment:
$- / -
Waterloo
Kitchener
Utilities:
None
Sewers:
Sanitary
Seller Property Info Statement:
No
Major Business Type:
Office
Category:
Designated
Date Listed:
Nov 12, 2025
  • Photo 1: 983* King Street E in Kitchener: Commercial for sale : MLS®# X12536578
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  • Photo 2: 983* King Street E in Kitchener: Commercial for sale : MLS®# X12536578
    Photo 2 of 4
  • Photo 3: 983* King Street E in Kitchener: Commercial for sale : MLS®# X12536578
    Photo 3 of 4
  • Photo 4: 983* King Street E in Kitchener: Commercial for sale : MLS®# X12536578
    Photo 4 of 4
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Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Data was last updated November 14, 2025 at 03:15 AM (UTC)
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