I am the owner through a…

Numéro du REO

019-5952

Identifiant (ID) du commentaire

82019

Commentaire fait au nom

Individual

Statut du commentaire

Commentaire

I am the owner through a corporation of 873 Fairway Road North, Kitchener Ontario, P.I.N 227-136077
Legal Description

PT LT 12 PL 591 TWP OF WATERLOO PT 1 58R14724, SAVE & EXCEPT PT 1,58R18943 CITY OF KITCHENER.

The lands are fully serviced and surrounded by a residential community. The Kitchener - Waterloo area has been one of the fastest growing areas in Canada with and has a significant housing crisis, both in terms of number of residential units and the increase in rent.

With immigration expected to continue to raise and Kitchener being a technology hub, supported by two world class universities, the need for more residential zoned land is important.

The lands are ready to be developed into a residential community and with 5.5 acres provide enough land to either build stacked townhouses or condo buildings. From an economic and social perspective it makes sense for the lands to be included within the residential zoning in the Region of Waterloo and City of Kitchener.