2149-2161 Kingsway Drive Kitchener, Ontario N2C 1A1
$1,650,000
Location, Location, Location. This commercial property offers exceptional diversity for the astute developer or investor. Zoned as Comm-2 the property allows multi-residential dwelling units on the upper floors and commercial retail units on the main floor. This is just one of the development options. The property presently has 5 units all within the highly rentable 700-1000 sq. foot size. Three units have tenants (2 are month to month, 1 has two yrs remaining on their lease) and the other two units are vacant. The ROI can be substantially increased as the rents are presently below market rate. Located in South Kitchener this area is growing rapidly and the visibility and accessibility of this property is exceptional. Major thoroughfares, including Highway 8 and the 401 as well as the proximity of the LRT and transit ensure a seamless connectivity for business and costumers alike. This property is exactly what developers and investors are seeking, a strategic position with excellent development and ROI potential. (id:50617)
Property Details
| MLS® Number | 40794181 |
| Property Type | Retail |
| Amenities Near By | Airport, Hospital, Public Transit, Schools |
| Community Features | High Traffic Area |
| Features | Visual Exposure, Paved Driveway |
| Parking Space Total | 10 |
| Sign Type | Signband |
Building
| Basement Type | Full |
| Constructed Date | 1914 |
| Construction Material | Concrete Block, Concrete Walls |
| Exterior Finish | Aluminum Siding, Concrete |
| Foundation Type | Block |
| Stories Total | 1 |
| Size Exterior | 3900.0000 |
| Size Interior | 3900 Sqft |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access, Highway Access |
| Acreage | No |
| Land Amenities | Airport, Hospital, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 96 Ft |
| Size Frontage | 88 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Com-2 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/29193647/2149-2161-kingsway-drive-kitchener
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December 18 2025 04:29:33
REALTORS® Association of Hamilton-Burlington
Mcintyre Real Estate Services Inc.
