4
$1,010,000 Sale
Listed 10 days ago
237 Frederick Street
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Key Facts
Key facts for 237 Frederick Street
Property Type
Commercial
Parking
-
MLS #
X13854484
Size
-
Basement
-
Listed on
2026-10-02
Lot size
56 x 220.58
Tax
$15,457.97 /yr
Days on Market
11
Approximate Age
-
Maintenance Fee
-
Description
Exceptional development opportunity in the heart of Kitchener! This rare 56 x 220/230 ft vacant lot offers highly desirable dual zoning (Commercial & Residential), providing incredible flexibility for a wide range of potential uses. Whether you're an investor, developer, or builder, this property pr...esents a unique chance to capitalize on mixed-use possibilities in a growing and dynamic area. The seller has already taken steps toward development, with plans submitted to the city (see site plan attached) for a proposed 3-storey multi-residential building consisting of 13 units (approval pending). This offers a strong starting point for buyers looking to fast-track a project, while still allowing the freedom to explore alternative concepts permitted under the property's versatile zoning. Ideally located in a rapidly evolving neighbourhood, walking distance to the downtown district with strong demand for both residential and commercial space, this lot is perfectly positioned for future growth and long-term value. Buyer to conduct their own due diligence regarding zoning, permitted uses, and development approvals based on their specific plans.
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Courtesy of: CENTURY 21 PEOPLE`S CHOICE REALTY INC.