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$3,388,888

142-146 FERGUS AVENUE — Kitchener, Ontario

N2A2H2

1Sq Ft

1Lot Sq Ft

Listed by HOME LEADER REALTY INC.

About This Property

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. (id:63357)

Property Details

Property Type: Land
Living Area: 1 sqft
Status: Active

Location & Neighborhood

What's nearby 142-146 FERGUS AVENUE

Nearby Schools

St. Patrick Catholic Elementary School
elementary
0.6 km

Parks & Recreation

Idlewood Park
park
0.4 km
Kinzie Park
park
0.5 km

Transit Access

Weber / Fergus
Bus Stop
0.3 km
Weber / Kinzie
Bus Stop
0.3 km
Weber / Arlington
Bus Stop
0.5 km
Kinzie / Thaler
Bus Stop
0.6 km
Weber / Highway 8
Bus Stop
0.6 km

Local Amenities

Grocery

Bulk Barn0.2 km
Zehrs0.4 km

Other

Your Neighbourhood Credit Union0.3 km
BMO0.4 km

Dining

Stacked Pancake & Breakfast House0.3 km
Fork and Cork grill0.4 km

Coffee & Cafes

Tim Hortons0.4 km

POI data updated 2/1/2026

Kitchener Market Snapshot

1,077

Active Listings

$635K

Median Price

Avg Days on Market

Last updated: Jun 3, 2025

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Listed by

HOME LEADER REALTY INC.

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$3,388,888