An exciting development potential is available on this stunning property, which comprises 0.41 acre of land with a depth of 287 feet. The R7 zoning designation opens up numerous possibilities, including the construction of townhouses, stacked townhomes and walk-up brownstones. AAA Location minutes from Downtown, GO Transit Station, the LRT, Transit Hub and Expressway. Centrally located within a short distance to both Downtown Kitchener & Waterloo, close to parks, restaurants, and the Universities. This home currently offers 2 separate apartments, features 2 kitchens, 2 separate living units each with its own laundry facility, 3 separate hydro meters and large deck. Opportunities like this don’t come often and it would be ideal to have this property for future development in this area and hold immense potential for future development in this rapidly growing area. Don’t miss the chance to be a part of the exciting transformation taking place in this sought-after neighborhood.