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