Property Description

Build Your Dream Home in One of Waterloo’s Most Desirable Neighbourhoods! Located in the sought-after Lexington area, just steps from Old Kiwanis Park, this spacious vacant corner lot offers a rare opportunity to create a home that is truly your own. Set within a mature, established and family-friendly neighbourhood, this property offers the perfect combination of location, space and convenience. Municipal water and sewer are available from Woolwich Street, with hydro and gas conveniently located at the lot line, helping make the building process that much easier. Imagine designing a custom home perfectly suited to your lifestyle, surrounded by mature neighbourhoods, beautiful parks and trails, excellent schools and everyday amenities. With shopping, major roadways and everything Waterloo has to offer just minutes away, this is an opportunity to build in a location where properties like this rarely become available. Adding to the appeal, Ontario’s enhanced New Housing Rebate (NHR) program for eligible owner-built homes may allow qualifying purchasers to recover up to $80,000 of the provincial portion of HST paid on the construction of a new home or substantial renovation. 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, with substantial completion on or before December 31, 2029. Buyers are encouraged to independently verify eligibility requirements and program details. (id:7434)