Land For Sale • 4.25 AC
The CMHC vacancy rate was 1.2% in the City of Waterloo as of October 2022, while the average detached new home price in Waterloo Region was $907,000 for April 2023. The demand for rental and condominium product has been exceptional in Kitchener-Waterloo, a highly constrained market with recent condominium launches in the Kitchener-Waterloo area achieving in excess of $1,000 PSF.
SIGNIFICANT DEVELOPMENT OF SCALE |
EXCEPTIONAL LOCATION |
HIGH MOMENTUM RESIDENTIAL MARKET |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Conestoga Station (ION light rail - grt) | 3 min | 4 min | 0.2 mi |
Northfield Station (ION light rail - grt) | 4 min | 18 min | 0.9 mi |
Airport | Drive | Walk | Distance |
Kitchener/Waterloo Airport | 25 min | - | 14.0 mi |