547,549,553,555 Lancaster Street W Active

Kitchener,ON N2K 1M2

$ 6500000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 40660992

Annual Tax Amount $22,990

Lot Size 1.210 Acres

Acres 1.21

Property Sub-Type Mixed Use

Source Waterloo Region

Property Description

Rare opportunity to purchase redevelopment lands in the Lancaster node. Offering consists of 5 properties totaling approx. 1.21 acres with both mixed (MIX-2) and residential (R4) zoning. All buildings are fully tenanted - buyer to assume tenancies on closing. Directly across the street from a proposed redevelopment containing 5 multiple residential buildings of varying heights up to 26 stories and 1,198 units total. Financial information and Phase 1 (549 Lancaster) available upon receipt of Confidentiality Agreement.

Location

State ON

County Waterloo

Area 1 - Waterloo East

Zoning R-4; MIX-2

Direction BETWEEN LANG AND GENERAL DRIVE

Rooms

Other Rooms Outbuilding

Kitchen 0

Interior

Fireplace No

Exterior

Utilities Available Electricity Connected,Natural Gas Connected

Lot Frontage 229.61

Garage No

Building

Lot Description Urban,Irregular Lot,Corner Lot,High Traffic Area,Highway Access,Public Transit,Shopping Nearby

Faces BETWEEN LANG AND GENERAL DRIVE

Sewer Sewer (Municipal)

Water Municipal-Metered

New Construction No

Others

Senior Community false

Tax ID 223430156

Ownership Freehold/None

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