$1,010,000
 $5,422 est/mo Sourced by Back At You

237 Frederick Street,Kitchener, ON N2H 2M7

Kitchener, ON N2H 2M7

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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 presents 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.

Details

MLS #X13854484
Listing TypeFor Sale
Sub-TypeResale
StatusExtension
Year0
Days On Site14
Listing Provided ByCENTURY 21 PEOPLE`S CHOICE REALTY INC. | X13854484 059500

Features

SQ Feet12,421
Acreage0.29

Utilities

UtilitiesYes
SewerSanitary

Taxes

Tax Annual Amount15457.97
Tax TypeAnnual
Tax Legal DescriptionLT 18 SUBDIVISION OF LT 3 GERMAN COMPANY TRACT KITCHENER; KITCHENER
Tax Year2025

Area Information

ProvinceON
RegionWaterloo
CityKitchener
Postal CodeN2H 2M7
Listing VS Median (in N2H 2M7)
Price:
$1,010,000
low | high
Med:
$1,010,000
50% of Average
sqft:
12,421
low | high
Med:
12,421
50% of Average
$ / sqft:
$81
low | high
Med:
$81
50% of Average
On site:
14
low | high
Med:
14
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
RegionWaterloo
CityKitchener
Postal CodeN2H 2M7
Listing VS Median (in N2H 2M7)
Price:
$1,010,000
low | high
Med:
$1,010,000
50% of Average
sqft:
12,421
low | high
Med:
12,421
50% of Average
$ / sqft:
$81
low | high
Med:
$81
50% of Average
On site:
14
low | high
Med:
14
100% of Average
Sourced by Back At You
Listing Updated: October 2, 2026 at 2:05:12 PM PDT