448 NEW DUNDEE Rd, Kitchener — 1

448 NEW DUNDEE Rd

Kitchener, ON N2P 2N7

For Sale21d on marketMLS® X13085028
None
Vacant Land

Description

Rare opportunity to acquire approx. 3.5 acres of development land in a desirable Kitchener location, with municipal approvals in place for a 26-unit residential strata community (14 detached, 12 semi-detached). Property is currently unserviced; water, sanitary sewer, and gas are available at the lot line. Buyer to complete their own due diligence regarding servicing, permits, costs, and timelines. Situated in a rapidly growing area with strong demand for new housing, this site offers convenient access to major roadways, established neighbourhoods, schools, parks, easy access to 401 highway and everyday amenities. An excellent opportunity for builders and developers seeking a well-located project with significant potential.

Key Facts

MLS® #

X13085028

Days on market

21

Listed

May 5, 2026

Updated

May 5, 2026

Tax

$8,181

Lot

200.46 × 660.09 Feet

Parking

None, 0 Parking

Listing History

Buy/Sell history for 448 NEW DUNDEE Rd, Kitchener, ON

Date StartDate EndList PricePriceEventListing ID
2026-05-05N/A$7,499,999N/AFor SaleX13085028

Property Details

Property

Property TypeVacant Land
Style2-Storey
MunicipalityKitchener

Inside

Basement TypeNone

Utilities

WaterMunicipal
CoolingCentral Air
Heating TypeForced Air

Building

ConstructionBrick

Parking

Garage TypeNone
Add. Parking0
Total Parking0

Land

SewerSewers
Lot Size200.46 × 660.09 Feet
Lot Size CodeFeet

Additional Details

FoundationBrick
RoofAsphalt Shingle
FireplaceN
PoolNone
DenN
Family roomN
ExtrasAll existing studies, reports, approvals, plans, and documents in the possession or control of the Seller relating to the Property, including but not limited to any surveys, environmental reports, geotechnical reports, planning reports, engineering drawings, site plans, draft plans of subdivision, servicing and grading plans, and all correspondence with governmental or municipal authorities pertaining to the development of the Property, together with the benefit of any existing municipal approvals or development entitlements, to the extent transferable. No chattels are included.

Rooms (12)

Room 1

Room 2

Room 3

Room 4

Room 5

Room 6

Room 7

Room 8

Room 9

Room 10

Room 11

Room 12

Comparable Sales

Estimated Market Value

AI Estimated Value
Beta

$7,834,834

Range: $6,213,253 $9,456,414

LowHigh

Estimated by AI based on market data. For informational purposes only.

Mortgage Tools

Mortgage calculator

20%

Monthly Payment

$34,380

  • Down payment$1,500,000
  • Mortgage amount$5,999,999
  • Total interest$4,314,001
  • Total cost$11,814,000

Cash flow analysis

$34,380

Total monthly payment

$35,062

Break-even down payment

100%

Cash flow-$35,062

Location

Similar Active Listings

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.