09-18-2014, 10:03 AM
Spokes Wrote:The lot at the corner of Weber and Scott streets downtown Kitchener is up for sale by CMA Reality
The interesting thing is that not only is the lot being sold, but the adjacent building (EIWO Canadian Building - (82 Weber Street East) is being sold with it. And they must be sold together.
This property was "re-zoned and approved to re-develop an 11 storey building with 120 units (condo/apartments) consisting of 10 floors residential and 1 floor commercial with 1 level underground parking and surface parking."
That lot has been up for sale for a while (2-3 years). I'm not sure whether the building was always included.
Behind that lot is a run-down/boarded up vacant home with row houses built on as an extension. I believe it's owned by the same people. It's heritage protected, so they're probably waiting for it to be degraded to a point where they could seek permission to knock it down. I'm not sure if that would be included in the listing or not.