Kitchener Waterloo saw a lot of Real Estate news this week. A new 8 storey multi-residential building and a 3 unit multiple dwelling unit is being planned for the corner of King and Louisa Streets in Kitchener. This is consistent with our mixed-use and intensification objectives. I predict we’ll be seeing a lot more of this type of project along the future LRT route.
Spur line bike path
The development of a spur-line trail is the region’s top priority for off-road pathways. The trail will run from Regina Street in Waterloo to Wilhelm and Weber streets in Kitchener. It will cost about $2.5 million. There already exists a path along side the tracks but this new trail will encourage more foot traffic and cyclists as it will connect to the Iron Horse Trail and Laurel Trail in Waterloo and to the new multi-model Hub in Kitchener.
Former car dealership site might be redeveloped for residential use
Most of us remember the site as Gary Stockie’s GM dealership. But that closed down in 2009. Then Mitsubishi moved in. But now there is speculation that a major change in land use could be coming to that section of Ottawa Street (between King and Weber) near downtown Kitchener. The neighbouring Olivet United Church has also been approached about selling its land. this all looks good for this long neglected part of Kitchener.
Mansion Street – Open House
122 Mansion Street, Kitchener is an executive town home located in the heart of Kitchener’s East Ward. This beautiful and spacious condo townhouse will be open to the public for viewing this Saturday and Sunday 2:00-4:00pm.
Come out and see us.
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This week in KW real estate: