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$ 1,150,000

21 CEDAR Street South, Kitchener, ON, N2G 3L2

Listing ID# 30572844
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$ 1,150,000

  • 21 CEDAR Street South
    Kitchener, ON N2G 3L2
  • Listing ID 30572844
  • Building Type: VACANT LAND
  • Status: For Sale/Active
  • Rooms: 0

Property Description

This property has superior exposure that is ideal for pedestrian, public transit, and vehicular traffic with close proximity to street, underground, and on-location parking. Located at the northeast corner of Charles Street and Cedar Street South, this rectangular corner lot is immediately adjacent to the upcoming Kitchener Farmer's Market Rapid Transit stop, just steps from the Kitchener Market and downtown amenities. The Region of Waterloo is strongly encouraging mixed-use development at this location. The property is located in the Central Transit Corridor and zoned MU-3, High Intensity Mixed Use Corridor Zone, where the Region is encouraging new retail, office and residential development. With only 9.8% of the corridor-wide focus areas zoned for MU-3 mixed-use, this zoning is highly sought after. Join other successful planners and investors who have taken advantage of the ION corridor investment potential supported by the Region's development plan.



Listing courtesy of KELLER WILLIAMS GOLDEN TRIANGLE REALTY


Demographics

Market District Property Overview
68%Rent 32%Own
  • Detached 110
  • Duplex 61
  • Semi-Det. 17
  • Low-Rise 5
$ 287 k

Average Home Price in Market District

46 years

Average home age in Market District

Household Size
631Non-family 363One-family 5Multi-family
Household size (# people)
  • 1607
  • 2270
  • 371
  • 4-547
  • 6+4
Household Income in Market District
77.8%Employed 16.8%Unemployed 5.4%Self-Employed
  • White Collar 402
  • Blue Collar 331
$ 44 k

Average income

46 years

Average age

Education
  • Certificate, diploma, degree 1,170
  • No Certificate 486
  • High School 435
  • College 267
  • Apprenticeship 188
Marital Status in Market District
41%Single 32%Other 27%Married
Age groups
  • 0-1913%
  • 20-2915%
  • 30-4929%
  • 50+43%

Points of interest and Comparables - Market District

top

$173,318*

average price

-31.15%

market trend

* - average price based on 16 comparable properties in the neighbourhood
# date listed bed/bath
1 8/22/2017 $875,000 3/2
2 8/17/2017 $875,000
3 9/8/2017 $239,900 2/1 + 1
4 8/16/2017 $264,900 2/1
5 9/21/2017 $145,000 1/1
6 3/24/2017 $459,900
7 3/24/2017 $459,900 2/1 + 3
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Kitchener
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