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 |
|---|---|---|---|
| 3 min | 4 min | 0.2 mi | |
| 4 min | 18 min | 0.9 mi | |
| Airport | Drive | Walk | Distance |
| Kitchener/Waterloo | 26 min | - | 14.0 mi |
| John C. Munro Hamilton International | 75 min | - | 47.5 mi |