416 Woolwich Street, Waterloo, Ontario N2K2L3

Property Description

Prime Vacant Lot in the Prestigious Lexington Area - a stone's throw away from Old Kiwanis Park! An exceptional opportunity to build your dream home in one of Waterloo's most sought-after neighbourhoods. Ideally located at the corner of Woolwich Street and Lexington Crescent, this spacious vacant lot offers the perfect setting to create a custom residence within a mature, family-friendly community. Municipal water and sewer services are already available from Woolwich Street, with hydro and gas conveniently located at the lot line, making this property ready for development. Adding even more value, Ontario's enhanced New Housing Rebate (NHR) program for owner-built homes may allow eligible individuals to recover up to $80,000 of the provincial portion of the HST paid to build a home or substantially renovate a property. For qualifying owner-built homes, the enhanced rebate generally applies where construction begins on or after April 1, 2026 and on or before March 31, 2027, and the home is substantially completed on or before December 31, 2029. Buyers are encouraged to verify eligibility requirements and program details independently. Enjoy a premium location close to scenic parks and trails, excellent schools, shopping, and convenient access to major roadways. Don't miss this rare chance to design and build the home you've always envisioned in a highly desirable Waterloo location. (id:5764)