Discover an exceptional ±0.415-acre redevelopment opportunity in Kitchener, ideally suited for medium-density residential development. Preliminary development concepts indicate the potential for up to 14 stacked townhomes, making this a strong investment opportunity. Positioned on the highly visible Lancaster Street W and located less than 500 metres from Highway 7, the property offers excellent accessibility and regional connectivity. The site is currently improved with three fully serviced commercial buildings totaling approximately ±4,662 sq. ft. Surrounded by established neighbourhood amenities - including schools, parks, sports facilities, grocery stores, and restaurants - this property is well-positioned for future residential or mixed-use redevelopment. (id:19593)
| MLS® Number | 40846018 |
| Property Type | Vacant Land |
| Amenities Near By | Public Transit |
| Community Features | High Traffic Area |
| Features | Visual Exposure |
| Basement Type | None |
| Utility Water | Municipal Water |
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 180 Ft |
| Size Frontage | 101 Ft |
| Size Irregular | 0.415 |
| Size Total | 0.415 Ac|under 1/2 Acre |
| Size Total Text | 0.415 Ac|under 1/2 Acre |
| Zoning Description | C2 |
https://www.realtor.ca/real-estate/30002447/351-355-lancaster-street-w-kitchener
(519) 743-6666
(519) 744-1212
righttimerealestate.c21.ca/
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