ON > Kitchener
Kitchener, ON N2H 1M9,151 Lancaster Street E
Kitchener, ON N2H 1M9,151 Lancaster Street E
Kitchener, ON N2H 1M9,151 Lancaster Street E
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$999,999
Est. payment /mo
2,745 SqFt
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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

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Listed by RE/MAX TWIN CITY REALTY INC.

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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