151 Lancaster Street E Active Save Request In-Person Tour Request Virtual Tour
Kitchener,ON N2H 1M9
Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 2,745 sqft
Price per Sqft $364
MLS Listing ID 40742387
Abv Grd Liv Area 2,745
Annual Tax Amount $4,213
Property Sub-Type Mixed,Building and Land
Source Waterloo Region
Lot Depth 143.03
Lot Front 50.37
Property Description
An exceptional opportunity awaits in the heart of Central Frederick! Now falling under the City of Kitchener's Strategic Growth Area (SGA-2) zoning, this property is positioned for both immediate potential and long-term value. Designated as a Mid-Rise Growth Zone, SGA-2 zoning allows for buildings up to 8 storeys in height and supports a diverse mix of residential and commercial uses, making this an ideal site for investors, developers, and visionary end-users alike. This progressive zoning removes minimum parking requirements, encourages intensification, and provides flexibility for substantial additions or full redevelopment. With a 10-storey multi-unit mixed-use building expected to be constructed next door, the opportunities are endless! Whether you're looking to expand, repurpose, or build new, this property offers unmatched versatility in one of Kitchener's most dynamic and connected neighbourhoods. Don't miss your chance to be part of the city's exciting growth vision.
Location
Province ON
County Waterloo
Area 2 - Kitchener East
Zoning SGA-2
Direction Lancaster & Frederick
Rooms
Basement Full
Kitchen 0
Interior
Fireplace No
Appliance Built-in Microwave,Dishwasher,Dryer,Hot Water Tank Owned,Refrigerator,Stove,Washer
Exterior
Lot Frontage 50.37
Lot Depth 143.03
Garage No
Building
Lot Description Airport,Ample Parking,Business Centre,City Lot,High Traffic Area,Highway Access,Hospital,Public Transit,Rail Access,Schools
Faces Lancaster & Frederick
Story 2
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
New Construction No
Others
Senior Community false
Tax ID 225120040
Ownership Freehold/None
Virtual Tour https://andrew-tourigny-photography.aryeo.com/sites/xarqnvl/unbranded