Harlo Capital and a partner currently own 0.6 acres of land at Weber St. and Scott St., a highly desirable urban location in downtown Kitchener. The property has a Walk Score of 97 and is conveniently located steps away from the ION Rapid Transit System, an $868 million public investment that simplifies travel and lowers transit costs for residents in Kitchener. The area is also strategically located in a development charge exempt zone, resulting in project savings of approximately $2 million. The lack of supply for luxury rental options in Kitchener makes 59 Weber St. an attractive rental building opportunity that directly aligns with the needs of the municipality.
GFA: 100,610 SF