142-146 FERGUS AVENUE

Kitchener, , N2A2H2, Canada

$3,388,888

Kitchener Purpose-Built Rental For Sale or JV! Nearly approved 88-unit (potential 118) project with CMHC MLI Select eligibility. Ideal for market, affordable, senior, or student housing. Estimated $45M build with potential 50-year amortization. Cash/equity as low as ~$2.2M, depending on sponsor net worth and CMHC approval. Site: 0.965 acres, 72,616 SF GFA, 89 parking stalls, 28 bike spaces. Projected $3.15M gross rent, $2.3M NOI, 7% stabilized cap. As-is appraisal $6.8M (July 2024); asking $5M. Prime location near GO, schools, shopping & jobs. Rare chance for secure long-term income

Last updated on : Wednesday 1st of April 2026 04:50:52 PM

ADDRESS

Street : 142-146 FERGUS AVENUE

City : Kitchener

Country : Canada

Postal Code : N2A2H2

Open in Google Map

PROPERTY SUMMARY

Property ID : X12145095

Building Type : Other

Property Type : Vacant Land

Similar Properties

Vacant Land

13 ST DAVIDS STREET WEST WEST

Thorold (Thorold Downtown), Ontario, L2V2L1

$999,999

property Type: Other

type: Sale

Rosie Araujo
1 hour ago

DETAILS

Vacant Land

7372 GUELPH LINE

Milton, Ontario, L0P1B0

$899,000

property Type: Other

type: Sale

KARL GEORGE REITMAIER
1 hour ago

DETAILS

Vacant Land

1912 SOUTH ORR LAKE ROAD

Springwater, Ontario, L0L1P0

$1,600,000

property Type: Other

type: Sale

DEBORAH WOOTTON
1 hour ago

DETAILS

Vacant Land

DOMINION ROAD

Fort Erie (Ridgeway), Ontario, L0S1N0

$299,000

property Type: Other

type: Sale

Shawn Schertzing
1 hour ago

DETAILS

Vacant Land

PT LT 19 LINE 8N

Oro-Medonte, Ontario, L0L2E0

$339,900

property Type: Other

type: Sale

MARK FARIS
2 months ago

DETAILS

Inquire about this property