12,422 ft2
$1,190,000
Exceptional development opportunity in the heart of Kitchener! This rare 56 x 220/230 ft vacant lot offers highly desirable dual zoning (Commercial & Residential), providing incredible flexibility for a wide range of potential uses. Whether you're an investor, developer, or builder, this property presents a unique chance to capitalize on mixed-use possibilities in a growing and dynamic area. The seller has already taken steps toward development, with plans submitted to the city (see site plan attached) for a proposed 3-storey multi-residential building consisting of 13 units (approval pending). This offers a strong starting point for buyers looking to fast-track a project, while still allowing the freedom to explore alternative concepts permitted under the property's versatile zoning. Ideally located in a rapidly evolving neighbourhood, walking distance to the downtown district with strong demand for both residential and commercial space, this lot is perfectly positioned for future growth and long-term value. Buyer to conduct their own due diligence regarding zoning, permitted uses, and development approvals based on their specific plans. (id:50976)
Property Details
|
MLS® Number
|
X13015728 |
|
Property Type
|
Vacant Land |
|
Features
|
Irregular Lot Size |
Building
|
Size Interior
|
12,422 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
220 Ft ,6 In |
|
Size Frontage
|
56 Ft |
|
Size Irregular
|
56 X 220.58 Ft |
|
Size Total Text
|
56 X 220.58 Ft |
|
Zoning Description
|
C3 Commercial, Residential |
https://www.realtor.ca/real-estate/29624727/237-frederick-street-kitchener
