2191 Kingsway Drive in South Kitchener offers the astute investor/developer a prime location to develop a multi residential complex that can also encompass retail on the ground floor. With just over 1/2 acre of land there is ample space to build. Its proximity to the 401 and Hwy 8, the LRT and a growing demographic makes this commercial property a long term value purchase. The corner lot provides excellent exposure and an opportunity to develop something unique. Topping everything off the COMM-2 zoning fits nicely within the city's future development plans for South Kitchener. There is a building on the premises that has a tenant but the lease expires in Oct 2026. (id:13843)
| MLS # | 40806046 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Days On Site | 248 |
| Listing Provided By | Mcintyre Real Estate Services Inc. | Janek Jagiellowicz |
| SQ Feet | 1,200 |
|---|---|
| Story(s) | 1 |
| Zoning | COMM 2 |
| Fireplace Yes / No | No |
|---|
| Lot Features | Paved driveway |
|---|---|
| Construction Materials | Concrete block, Concrete Walls |
| Foundation Details | Block |
| Fencing | Fenced yard |
| Utilities | Electricity, Telephone |
|---|---|
| Sewer | Municipal sewage system |
| Water Source | Municipal water |
| Tax Annual Amount | 10205.71 |
|---|
| Province | ON |
|---|---|
| City | Kitchener |
| Postal Code | N2C1A2 |
| Community Name | 327 Fairview/Kingsdale |
| Listing VS Median (in 327 Fairview/Kingsdale) | |
Price: $1,999,999 low | high Med: $375,000 sqft: 1,200 low | high Med: 1,583 $ / sqft: $1,667 low | high Med: $237 On site: 248 low | high Med: 2 | |
| Province | ON |
|---|---|
| City | Kitchener |
| Postal Code | N2C1A2 |
| Community Name | 327 Fairview/Kingsdale |
| Listing VS Median (in 327 Fairview/Kingsdale) | |
Price: $1,999,999 low | high Med: $375,000 sqft: 1,200 low | high Med: 1,583 $ / sqft: $1,667 low | high Med: $237 On site: 248 low | high Med: 2 | |