$658,500
↓ $41,400 from $699,900
Est. payment $2,916/moCalculate yours
45 Burnside Avenue, Kitchener, ON N2M 3G6
Kitchener, ON N2M 3G6
Listing courtesy of RE/MAX REAL ESTATE CENTRE INC. MLS® X13587072
About this home
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
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- Price Change
Lot & Parking
- Lot Size
- 97.9 x 139.02 Feet
Financial
- Property Taxes
- $2,930 (2026)
Location
- Cross Street
- Perth Rd
- Direction Faces
- North
Listing
- MLS® Number
- X13587072
- Days on Market
- 89
- Listed On
- 2026-07-21
- Listed By
- RE/MAX REAL ESTATE CENTRE INC.
Mortgage calculator
Estimated mortgage payment
$2,916 per month
- Principal and interest
- $2,916
- Property tax
- $244
- Condo fees
- $0
- Estimated monthly cost
- $3,160
Your mortgage
- Mortgage amount
- $526,800
- Mortgage insurance
- Not needed
- Interest over 25 years
- $347,909
Cash to close
- Down payment
- $131,700
- Land transfer tax
- $9,645
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $141,345
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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