$999,900
Discover an exceptional ±0.415-acre redevelopment opportunity in Kitchener, ideally suited for medium-density residential development. Preliminary development concepts indicate the potential for up to 14 stacked townhomes, making this a strong investment opportunity. Positioned on the highly visible Lancaster Street W and located less than 500 metres from Highway 7, the property offers excellent accessibility and regional connectivity. The site is currently improved with three fully serviced commercial buildings totaling approximately ±4,662 sq. ft. Surrounded by established neighbourhood amenities - including schools, parks, sports facilities, grocery stores, and restaurants - this property is well-positioned for future residential or mixed-use redevelopment. (id:56248)
Property Details
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MLS® Number
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40846018 |
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Property Type
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Vacant Land |
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Amenities Near By
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Public Transit |
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Community Features
|
High Traffic Area |
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Features
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Visual Exposure |
Building
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Basement Type
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None |
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Utility Water
|
Municipal Water |
Land
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Access Type
|
Highway Access |
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Acreage
|
No |
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Land Amenities
|
Public Transit |
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Sewer
|
Municipal Sewage System |
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Size Depth
|
180 Ft |
|
Size Frontage
|
101 Ft |
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Size Irregular
|
0.415 |
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Size Total
|
0.415 Ac|under 1/2 Acre |
|
Size Total Text
|
0.415 Ac|under 1/2 Acre |
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Zoning Description
|
Mix-1 |
https://www.realtor.ca/real-estate/30002447/351-355-lancaster-street-w-kitchener