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.
| MLS # | X13854474 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 13 |
| Listing Provided By | CENTURY 21 PEOPLE`S CHOICE REALTY INC. | X13854474 059500 |
| Acreage | 0.28 |
|---|---|
| Water Front | None |
| Tax Annual Amount | 12421.54 |
|---|---|
| Tax Legal Description | LT 18 SUBDIVISION OF LT 3 GERMAN COMPANY TRACT KITCHENER; KITCHENER |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Waterloo |
| City | Kitchener |
| Postal Code | N2H 2M7 |
| Listing VS Median (in N2H 2M7) | |
Price: $1,010,000 low | high Med: $1,010,000 On site: 13 low | high Med: 13 | |
| Province | ON |
|---|---|
| Region | Waterloo |
| City | Kitchener |
| Postal Code | N2H 2M7 |
| Listing VS Median (in N2H 2M7) | |
Price: $1,010,000 low | high Med: $1,010,000 On site: 13 low | high Med: 13 | |