Discover an exceptional ±0.415-acre redevelopment opportunity in Kitchener, ideally suited for medium-density residential development. Preliminary development concepts indicate the potential for up to 14 stacked townhomes, making this a strong investment opportunity. Positioned on the highly visible Lancaster Street W and located less than 500 metres from Highway 7, the property offers excellent accessibility and regional connectivity. The site is currently improved with three fully serviced commercial buildings totaling approximately ±4,662 sq. ft. Surrounded by established neighbourhood amenities - including schools, parks, sports facilities, grocery stores, and restaurants - this property is well-positioned for future residential or mixed-use redevelopment. (id:50964)
| MLS® Number | 40846018 |
| Property Type | Vacant Land |
| Amenities Near By | Public Transit |
| Community Features | High Traffic Area |
| Features | Visual Exposure |
| Basement Type | None |
| Utility Water | Municipal Water |
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 180 Ft |
| Size Frontage | 101 Ft |
| Size Irregular | 0.415 |
| Size Total | 0.415 Ac|under 1/2 Acre |
| Size Total Text | 0.415 Ac|under 1/2 Acre |
| Zoning Description | Mix-1 |
https://www.realtor.ca/real-estate/30002447/351-355-lancaster-street-w-kitchener
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Owning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman