237 Frederick Street Kitchener, Ontario N2H 2M7

$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:55460)

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