Sold for:Sold Apr 6, 2026
$299,900

555 Park Street

Kitchener, ON N2G 1N8

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 555 Park Street, Kitchener

2026-04-01
2026-04-06
Sold
Price
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MLS#
x12953232

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 555 Park Street, Kitchener

Summarized Description

  • Prime SGA-2 strategic growth site for investors.
  • High-density zoning allows for mid-rise development.
  • Located in a Major Transit Station Area.
  • Property sold strictly for land value.
  • Existing structure in teardown condition.
  • Aggressive zoning supports mixed-use projects.
  • Opportunity for significant urban intensification.
  • Ideal for builders looking to capitalize on growth.

DEVELOPER ALERT: PRIME SGA-2 STRATEGIC GROWTH SITE. Attention Investors and Builders: This is a rare opportunity to secure a high-density wide lot in the heart of Kitchener's Strategic Growth Area (SGA-2). Being sold strictly for land value, this property is positioned within a Major Transit Station Area (MTSA), where the City's "Growing Together" framework encourages significant intensification. The current SGA-2 zoning supports a wide range of high-yield possibilities, including mid-rise residential development up to 8 storeys or versatile mixed-use projects. With the existing structure in "as-is" teardown condition, the value is entirely in the footprint and the aggressive zoning permissions that allow for a transition from single-use to a high-density urban form. Don't miss your chance to build upward in one of the region's most rapidly transforming corridors-where the policy for growth is already paved for your next project. AS IS - NOT habitable as is.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,826
Land Transfer Tax Fee
$2,974

Basement Type
Partially Finished, Unfinished

Interior Features

Interior Extras
Water Heater Owned
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
1 1/2 Storey

Construction

Exterior Finish
Aluminum Siding
Roof
Fibreglass Shingle
Foundation Details
Unknown
Special Designation
Unknown

Lot

Lot Front
64.65 ft
Lot Depth
76.12 ft

Parking & Garages

Garage Type
None
Garage Spaces
4
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
3
Washrooms
2
Kitchens
1

Washrooms

  • 3-piece, Main
  • 3-piece, Second

Municipality
Kitchener
Main cross streets
UNION BLVD
Directions
UNION BLVD

MLS® number
X12953232
Data source
Toronto Regional Real Estate Board
Status change
2026-04-06
Listed on
2026-04-01
Days on market
5 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
RE/MAX TWIN CITY FAISAL SUSIWALA REALTY

Home Market Value

Current home valuation for 555 Park Street, Kitchener, , . Listed for $299,900

HOMEH Estimate

?

$579,000

Estimated Sales Range

?

$483,787 - $674,213

HOMEH Estimate for 555 Park Street, Kitchener

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$579,000Low confidence
Based on 8 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Scenario 1 Scenario 2 Scenario 3 Scenario 4
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$296,301$278,277$262,053$239,920
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$1,447monthly$1,359monthly$1,279monthly$1,171monthly
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Land Transfer Tax

Provincial

$2,974

Total Land Transfer Tax

$2,974

Around this home

8/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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