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$1,999,999
Available - For Sale
Listing ID: X12093456
Attention Investors & Developers!!!A rare and exciting future development opportunity in the heart of Downtown Kitchener. Situated at the highly visible corner of Queen Street and Charles Street, positioning it perfectly for investors and builders looking to capitalize on the areas rapid urban growth. Located just steps from the new LRT system and Kitcheners Central Business District, this property offers unparalleled exposure, connectivity, and long-term value. Currently, the 5326 sq. ft. free-standing building features a flexible layout with multiple income-generating uses. Located directly beside a City of Kitchener parking facility, this property provides added convenience and accessibility. With immediate income potential and outstanding development upside, this is a premier opportunity in one of Ontarios most dynamic urban cores.
Price $1,999,999
Taxes: $14,103.27
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 53-57 Queen Stre South , Kitchener, N2G 1V8, Waterloo
Postal Code: N2G 1V8
Province/State: Waterloo
Legal Description: PT LT 2-3 PL 394 KITCHENER AS IN 536496;
Directions/Cross Streets: Btwn King & Charles
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Multi-Use
Use: Other
Building Percentage: T
Total Area: 6,500
Total Area Code:  Square Feet
Office/Appartment Area: 3500
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REAL ESTATE CENTRE INC.

53-57 Queen Stre South , Kitchener, N2G 1V8, Waterloo


 
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At a Glance:
Type: Com - Commercial Retail
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 100.00(Feet)
Approximate Age:
Tax: $14,103.27
Maintenance Fee: $0
Beds: 0
Baths: 6
Garage: 0
Fireplace: N
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