ON > Kitchener
Kitchener, ON N2C 1A2,2191 Kingsway DR
Kitchener, ON N2C 1A2,2191 Kingsway DR
Kitchener, ON N2C 1A2,2191 Kingsway DR
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Raafat Metwaly

Raafat Metwaly

+1(647) 461-3580
$2,200,000
Est. payment /mo
1,200 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $1,833

MLS Listing ID X12158953

Building Age 51-99

Annual Tax Amount $18,443

Tax Year 2024

Property Sub-Type Land

Property Description

Located at 2191 Kingsway Drive, this commercial property offers exceptional visibility and accessibility in a bustling area of Kitchener. The building is currently vacant. The property benefits from its proximity to major thoroughfares, including Highway 8 and the 401, ensuring seamless connectivity for businesses and customers alike. 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 Waterloo

Interior

Cooling No

Exterior

Community Features Major Highway, Public Transit

Utilities Available Available

Lot Frontage 129.27

Lot Depth 153.0

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Listed by RE/MAX ICON REALTY

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agent

Raafat Metwaly

+1(647) 461-3580

Broker | License ID: 4771063

Broker License ID: 4771063

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