237 Frederick Street Kitchener, Ontario N2H 2M7

$1,190,000

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. (id:62104)

Property Details

MLS® Number X13015734
Property Type Vacant Land
Features Irregular Lot Size

Building

Land

Acreage No
Size Depth 220 Ft ,6 In
Size Frontage 56 Ft
Size Irregular 56 X 220.58 Ft
Size Total Text 56 X 220.58 Ft|under 1/2 Acre
Zoning Description C3 Commercial, Residential

Utilities

Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29624728/237-frederick-street-kitchener

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