2191 Kingsway Drive Kitchener, Ontario N2C 1A2

1,200 ft2

$1,999,999

2191 Kingsway Drive in South Kitchener offers the astute investor/developer a prime location to develop a multi residential complex that can also encompass retail on the ground floor. With just over 1/2 acre of land there is ample space to build. Its proximity to the 401 and Hwy 8, the LRT and a growing demographic makes this commercial property a long term value purchase. The corner lot provides excellent exposure and with the adjacent property also being for sale [MLS # 40794181] offers an opportunity to develop something unique. Topping everything off the COMM-2 zoning fits nicely within the city's future development plans for South Kitchener. There is a building on the premises that has a tenant but the lease expires in Oct 2026. (id:43503)

Property Details

MLS® Number 40806046
Property Type Other
Amenities Near By Airport, Hospital, Public Transit, Schools
Community Features High Traffic Area
Features Paved Driveway

Building

Basement Type None
Construction Material Concrete Block, Concrete Walls
Exterior Finish Concrete
Foundation Type Block
Stories Total 1
Size Exterior 1200.0000
Size Interior 1,200 Ft2
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Fence Type Fenced Yard
Land Amenities Airport, Hospital, Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 168 Ft
Size Frontage 122 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description Comm 2

Utilities

Electricity Available
Telephone Available

https://www.realtor.ca/real-estate/29374207/2191-kingsway-drive-kitchener

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