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$2,099,900
Available - For Sale
Listing ID: X12158953
Located at 2191 Kingsway Drive, this commercial property offers exceptional visibility and accessibility in a bustling area of Kitchener. The building is currently vacant. The property benefits from its proximity to major thoroughfares, including Highway 8 and the 401, ensuring seamless connectivity for businesses and customers alike. With a zoning designation that supports a variety of commercial uses, this is a significant opportunity for an investment buyer. The COM-2 zoning of the property encourages multi-residential dwelling units on the upper floors and commercial retail units on the main floor. Development concepts reviewed with the city include a multi-level residential rental building with up to 36 units, as well as an alternative concept featuring 24 units in a stacked townhouse complex with a main floor commercial/retail business package. This location presents a valuable opportunity for retailers, service providers, or investors seeking a strategic position in a vibrant neighborhood.
Price $2,099,900
Taxes: $18,443.24
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 2191 Kingsway Driv , Kitchener, N2C 1A2, Waterloo
Postal Code: N2C 1A2
Province/State: Waterloo
Legal Description: LT 85-87 PL 254 TWP OF WATERLOO EXCEPT 3
Directions/Cross Streets: Fourth Ave
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Designated
Building Percentage: T
Total Area: 1,200
Total Area Code:  Square Feet
Area Influences: Major Highway   Public Transit
Approximatly Age: 51-99
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: No
Sewers: Septic
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2191 Kingsway Driv , Kitchener, N2C 1A2, Waterloo


 
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At a Glance:
Type: Com - Land
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 153.00(Feet)
Approximate Age: 51-99
Tax: $18,443.24
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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