2191 Kingsway Drive Kitchener, ON N2C 1A2
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $1,833
MLS Listing ID 40724037
Abv Grd Liv Area 1,200
Annual Tax Amount $18,443
Property Sub-Type Retail,Building and Land
Source Waterloo Region
Property Description
With a zoning designation that supports a variety of commercial uses, this is a significant opportunity for an investment buyer. The COM-2 zoning of the property encourages multi-residential dwelling units on the upper floors and commercial retail units on the main floor. Development concepts reviewed with the city include a multi-level residential rental building with up to 36 units, as well as an alternative concept featuring 24 units in a stacked townhouse complex with a main floor commercial/retail business package. This location presents a valuable opportunity for retailers, service providers, or investors seeking a strategic position in a vibrant neighborhood.
Location
Province ON
County Waterloo
Area 3 - Kitchener West
Zoning COM-2
Direction Kingsway Drive and Fourth Ave
Rooms
Basement None
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Lot Frontage 122.0
Lot Depth 153.0
Garage No
Building
Lot Description Rectangular, Ample Parking, High Traffic Area, Highway Access, Public Transit, Visual Exposure
Faces Kingsway Drive and Fourth Ave
Story 1
Foundation Block
Sewer Sewer (Municipal)
Water Municipal
Structure Type Block,Wood Siding
New Construction No
Others
Senior Community No
Tax ID 225870092
Ownership Freehold/None