2149-2161 Kingsway Drive Kitchener, Ontario N2C 1A1
$1,650,000
Location, Location, Location. This commercial property offers exceptional diversity for the astute developer or investor. Zoned as Comm-2 the property allows multi-residential dwelling units on the upper floors and commercial retail units on the main floor. This is just one of the development options. The property presently has 5 units all within the highly rentable 700-1000 sq. foot size. Three units have tenants (2 are month to month, 1 has two yrs remaining on their lease) and the other two units are vacant. The ROI can be substantially increased as the rents are presently below market rate. Located in South Kitchener this area is growing rapidly and the visibility and accessibility of this property is exceptional. Major thoroughfares, including Highway 8 and the 401 as well as the proximity of the LRT and transit ensure a seamless connectivity for business and costumers alike. This property is exactly what developers and investors are seeking, a strategic position with excellent development and ROI potential. (id:63008)
Property Details
| MLS® Number | 40794181 |
| Property Type | Retail |
| Neigbourhood | Vanier |
| AmenitiesNearBy | Airport, Hospital, Public Transit, Schools |
| CommunityFeatures | High Traffic Area |
| Features | Visual Exposure, Paved Driveway |
| ParkingSpaceTotal | 10 |
| SignType | Signband |
Building
| BasementType | Full |
| ConstructedDate | 1914 |
| ConstructionMaterial | Concrete Block, Concrete Walls |
| ExteriorFinish | Aluminum Siding, Concrete |
| FoundationType | Block |
| StoriesTotal | 1 |
| SizeExterior | 3900.0000 |
| SizeInterior | 3900 Sqft |
| UtilityWater | Municipal Water |
Land
| AccessType | Road Access, Highway Access |
| Acreage | No |
| LandAmenities | Airport, Hospital, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| SizeDepth | 96 Ft |
| SizeFrontage | 88 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Com-2 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/29193647/2149-2161-kingsway-drive-kitchener
Janek Jagiellowicz
Salesperson
368 Ash Tree Place
Waterloo, Ontario N2T 1R7
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®)
December 18 2025 02:08:30
REALTORS® Association of Hamilton-Burlington
Mcintyre Real Estate Services Inc.