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45 Burnside Avenue
homes for sale · Kitchener
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$599,000

45 Burnside Avenue

Kitchener · MLS® X13587072

Land · Vacant Land · 95 days on market

listed by Cindy DaCosta, RE/MAX REAL ESTATE CENTRE INC.

realtor's description

Rare development opportunity with exceptional flexibility! This cleared 129' x 94' RES-4 zoned parcel offers multiple possibilities-from a custom estate home to duplex, triplex, fourplex, semis or a 5-unit freehold street townhouse development. Backing onto a protected woodlot and Lakeside Park, this premium setting offers future owners the rare benefit of natural green space and recreational amenities right behind the property. Concept plans, renderings and supporting reports are available for a proposed townhouse project incorporating additional residential units (ARUs) for up to 12 total dwelling units. Significant due diligence has already been completed, including survey, topographic survey, slope stability report, concept plans and engineering work, saving valuable time and expense. The lot has been cleared, addressing previous woodlot considerations. For buyers seeking a custom home, the City has advised a single-family residence may proceed with a septic system, eliminating the need for the sewer extension. Building permit drawings and septic design for a custom home are also available. An outstanding opportunity for builders, developers or those looking to create a dream home on a premium lot with extensive planning work already completed.

property details

type
Land, Vacant Land
parking
0
property tax
$2,930 / yr
days on market
95
MLS®
X13587072

monthly cost

$2,854/mo
Mortgage $2,610 · Tax $244

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,610/ monthly
loan $479,200
25-year amortization
total interest
$303,736
cash to close
$119,800
down payment; transfer tax and fees not included
total paid
$782,936

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

KitchenerGoogle Maps ↗

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listed by
Cindy DaCosta
RE/MAX REAL ESTATE CENTRE INC.
call Cindy · 519-242-8083
Powered by: REALTOR.ca

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location

KitchenerGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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