Gurvinder Nokwal REALTOR®
For Sale Vacant Land 89 days on market

$658,500 ↓ $41,400 from $699,900

Est. payment $2,916/moCalculate yours

45 Burnside Avenue, Kitchener, ON N2M 3G6

Kitchener, ON N2M 3G6

Map

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

Minimum for this price: $40,850 (6.2%)

Amortization, years

Estimated mortgage payment

$2,916 per month

Principal and interest
$2,916
Property tax
$244
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
Total, before legal fees
$141,345
Talk to me about financing

Estimates 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

45 Burnside Avenue, Kitchener, ON N2M 3G6 Kitchener, ON N2M 3G6
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$658,500 45 Burnside Avenue, Kitchener, ON N2M 3G6
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