Residential sold at 288 Ottawa Street, Kitchener, Downtown/Rockway/S. Ward, N2G 3T6 - MLS: 40702827

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288 Ottawa Street

Kitchener, ON, N2G 3T6

$4,190,000

Neighbourhood

Downtown/Rockway/S. Ward
Major Intersection

Listed Since: 92 day(s)
Last update: 33 day(s) ago

Overview

Property Type

Residential, Land
Bedrooms

n/a
Bathrooms

n/a
Basement

n/a
Kitchen

n/a
Total Parking

n/a
Lot Size

237x80.00 (Acres)
Taxes

$4,779.00 (2024)
Type

Freehold

Property description for 288 Ottawa Street, Kitchener, Downtown/Rockway/S. Ward, N2G 3T6

Fantastic redevelopment site. Steps to LRT, large lot 160x 237 approx. 0.73 acres. Must be purchased with 296 Ottawa St S. New Zoning approved March 18th under Growing Together is SGA2 under Official Plan SGA-B which allows up to 28 Stories Building, ZBA application for SGA-3 is required to get 28 stories. Studies completed to Date for the ZBA application: Geotechnical report, Legal and Topo Survey, Site Servicing, Wind Study, Shadow Study, Traffic and Parking Study, Noise Study, ESA Phase 1, Landscape, 28 Stories Concept Drawings with 326 Units plus 3 Commercial areas on Ground Level. The properties were amalgamated and transferred into the Corporations Ownership.286 and 288 Ottawa were amalgamated into one, also 292 and 296 were amalgamated into one. The total asking price for all properties is $4,190,000.00.

Listed by ROYAL LEPAGE WOLLE REALTY

Property details

MLS #

40702827
Sq. Ft

Available Upon Request
Sq. Ft. Source

MLS
Lot Irregularities

41.45 ft x 157.10 ft x 91.88 ft x 197.95 ft x 39.9
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

n/a
Total Parking

n/a
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

n/a
A/C

n/a
Water

None
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

MLS #

40702827
Sq. Ft

Available Upon Request
Sq. Ft. Source

MLS
Lot Irregularities

41.45 ft x 157.10 ft x 91.88 ft x 197.95 ft x 39.9
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

n/a
Total Parking

n/a
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

n/a
A/C

n/a
Water

None
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History for 288 Ottawa Street, Kitchener, Downtown/Rockway/S. Ward, N2G 3T6

This property has been sold 3 times before.

To view this property's sale price history please sign in or register

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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