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2191 Kingsway Drive Kitchener, Ontario N2C 1A2

1200 sqft

$1,999,999

2191 Kingsway Drive in South Kitchener offers the astute investor/developer a prime location to develop a multi residential complex that can also encompass retail on the ground floor. With just over 1/2 acre of land there is ample space to build. Its proximity to the 401 and Hwy 8, the LRT and a growing demographic makes this commercial property a long term value purchase. The corner lot provides excellent exposure and with the adjacent property also being for sale [MLS # 40794181] offers an opportunity to develop something unique. Topping everything off the COMM-2 zoning fits nicely within the city's future development plans for South Kitchener. There is a building on the premises that has a tenant but the lease expires in Oct 2026. (id:63008)

Property Details

MLS® Number 40806046
Property Type Other
Neigbourhood Vanier
AmenitiesNearBy Airport, Hospital, Public Transit, Schools
CommunityFeatures High Traffic Area
Features Paved Driveway

Building

BasementType None
ConstructionMaterial Concrete Block, Concrete Walls
ExteriorFinish Concrete
FoundationType Block
StoriesTotal 1
SizeExterior 1200.0000
SizeInterior 1200 Sqft
UtilityWater Municipal Water

Land

AccessType Road Access
Acreage No
FenceType Fenced Yard
LandAmenities Airport, Hospital, Public Transit, Schools
Sewer Municipal Sewage System
SizeDepth 168 Ft
SizeFrontage 122 Ft
SizeTotalText 1/2 - 1.99 Acres
ZoningDescription Comm 2

Utilities

Electricity Available
Telephone Available

https://www.realtor.ca/real-estate/29374207/2191-kingsway-drive-kitchener

Janek Jagiellowicz
Salesperson


Mcintyre Real Estate Services Inc.
368 Ash Tree Place
Waterloo, Ontario N2T 1R7

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