547,549,553,555 Lancaster Street W Kitchener, Ontario N2K 1M2
$4,900,000
Rare opportunity to purchase redevelopment lands in the Lancaster node. Offering consists of 5 properties totaling approx. 1.21 acres with both mixed (MIX-2) and residential (R4) zoning. Holding Income in place as all buildings are tenanted- buyer to assume tenancies on closing. Directly across the street from a proposed redevelopment containing 5 multiple residential buildings of varying heights up to 26 stories and 1,198 units total. Financial information and Phase 1 (549 Lancaster) available upon receipt of Confidentiality Agreement (id:63008)
Property Details
| MLS® Number | 40770576 |
| Property Type | Vacant Land |
| AmenitiesNearBy | Public Transit |
| CommunityFeatures | High Traffic Area |
| Features | Corner Site, Visual Exposure |
Building
| BasementType | None |
| UtilityWater | Municipal Water |
Land
| AccessType | Road Access, Highway Access |
| Acreage | Yes |
| LandAmenities | Public Transit |
| Sewer | Municipal Sewage System |
| SizeFrontage | 230 Ft |
| SizeIrregular | 1.21 |
| SizeTotal | 1.21 Ac|1/2 - 1.99 Acres |
| SizeTotalText | 1.21 Ac|1/2 - 1.99 Acres |
| ZoningDescription | R-4; Mix-2 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/28873492/547549553555-lancaster-street-w-kitchener
James Boudreau
Broker
508 Riverbend Dr. (Commercial)
Kitchener, Ontario N2K 3S2
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September 17 2025 01:31:22
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