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Est. payment | /mo
12,421 SqFt
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Est. payment | /mo
12,421 SqFt
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 12,421 sqft
MLS Listing ID X13015728
Annual Tax Amount $15,457
Tax Year 2025
Property Sub-Type Land
Property Description
Exceptional development opportunity in the heart of Kitchener! This rare 56 x 220/230 ft vacant lot offers highly desirable dual zoning (Commercial & Residential), providing incredible flexibility for a wide range of potential uses. Whether you're an investor, developer, or builder, this property presents a unique chance to capitalize on mixed-use possibilities in a growing and dynamic area. The seller has already taken steps toward development, with plans submitted to the city (see site plan attached) for a proposed 3-storey multi-residential building consisting of 13 units (approval pending). This offers a strong starting point for buyers looking to fast-track a project, while still allowing the freedom to explore alternative concepts permitted under the property's versatile zoning. Ideally located in a rapidly evolving neighbourhood, walking distance to the downtown district with strong demand for both residential and commercial space, this lot is perfectly positioned for future growth and long-term value. Buyer to conduct their own due diligence regarding zoning, permitted uses, and development approvals based on their specific plans.
Location
Province ON
County Waterloo
Area Waterloo
Zoning C3 Commercial, Residential
Exterior
Utilities Available Yes
Lot Frontage 56.0
Lot Depth 220.58
Others
ParcelsYN No
Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
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