2191 KINGSWAY Drive, Kitchener, Ontario, N2C1A2

Property Description

2191 Kingsway Drive in South Kitchener offers the astute investor/developer a prime location to develop a multi residential complex that can also encompass retail on the ground floor. With just over 1/2 acre of land there is ample space to build. Its proximity to the 401 and Hwy 8, the LRT and a growing demographic makes this commercial property a long term value purchase. The corner lot provides excellent exposure and with the adjacent property also being for sale [MLS # 40794181] offers an opportunity to develop something unique. Topping everything off the COMM-2 zoning fits nicely within the city's future development plans for South Kitchener. There is a building on the premises that has a tenant but the lease expires in Oct 2026. (id:64974)

Quick Facts

• Property Type: Other
• Bedrooms: None
• Bathrooms: None
• Living Area: 1,200 sq ft (111.5 m²)
• Ownership: Freehold
• Frontage: 122 ft (37.2 m)

Costs

• Annual Taxes: $10,205.71

Listing Provided by: MCINTYRE REAL ESTATE SERVICES INC.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.