ON > Kitchener > 327 - Fairview-Kingsdale
Kitchener, ON N2C1A1,2149-2161 KINGSWAY Drive
Kitchener, ON N2C1A1,2149-2161 KINGSWAY Drive
Kitchener, ON N2C1A1,2149-2161 KINGSWAY Drive
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$1,650,000
Est. payment /mo
3,900 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 3,900 sqft

Price per Sqft $423

Subdivision 327 - Fairview/Kingsdale

MLS® Listing ID 40794181

Year Built 1914

Property Sub-Type Freehold

Source Cornerstone Association of REALTORS®

Property Description

Location, Location, Location. This commercial property offers exceptional diversity for the astute developer or investor. Zoned as Comm-2 the property allows multi-residential dwelling units on the upper floors and commercial retail units on the main floor. This is just one of the development options. The property presently has 5 units all within the highly rentable 700-1000 sq. foot size. Three units have tenants (2 are month to month, 1 has two yrs remaining on their lease) and the other two units are vacant. The ROI can be substantially increased as the rents are presently below market rate. Located in South Kitchener this area is growing rapidly and the visibility and accessibility of this property is exceptional. Major thoroughfares, including Highway 8 and the 401 as well as the proximity of the LRT and transit ensure a seamless connectivity for business and costumers alike. This property is exactly what developers and investors are seeking, a strategic position with excellent development and ROI potential. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Exterior

Parking Features No

Community Features High Traffic Area

View Y/N No

Total Parking Spaces 10

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Others

Ownership Freehold

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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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