151 Lancaster Street E Kitchener, Ontario N2H 1M9
$999,999
An exceptional opportunity awaits in the heart of Central Frederick! Now falling under the City of Kitchener’s Strategic Growth Area (SGA-2) zoning, this property is positioned for both immediate potential and long-term value. Designated as a Mid-Rise Growth Zone, SGA-2 zoning allows for buildings up to 8 storeys in height and supports a diverse mix of residential and commercial uses, making this an ideal site for investors, developers, and visionary end-users alike. This progressive zoning removes minimum parking requirements, encourages intensification, and provides flexibility for substantial additions or full redevelopment. With a 10-storey multi-unit mixed-use building expected to be constructed next door, the opportunities are endless! Whether you're looking to expand, repurpose, or build new, this property offers unmatched versatility in one of Kitchener’s most dynamic and connected neighbourhoods. Don't miss your chance to be part of the city’s exciting growth vision. (id:43503)
Property Details
| MLS® Number | 40742387 |
| Property Type | Other |
| Neigbourhood | Central Frederick |
| Amenities Near By | Airport, Hospital, Public Transit, Schools |
| Community Features | High Traffic Area |
Building
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer, Microwave Built-in |
| Basement Type | Full |
| Stories Total | 2 |
| Size Exterior | 2745.0000 |
| Size Interior | 2,745 Ft2 |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access, Rail Access |
| Acreage | No |
| Land Amenities | Airport, Hospital, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 143 Ft |
| Size Frontage | 50 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Sga-2 |
https://www.realtor.ca/real-estate/28486584/151-lancaster-street-e-kitchener
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June 18 2025 04:45:54
Waterloo Region Association of REALTORS®
RE/MAX Twin City Realty Inc.