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2191 KINGSWAY Drive, Kitchener, Ontario, N2C 1A2

MLS® # 40806046
Commercial For Sale In Vanier, Kitchener, Ontario
$1,999,999

None Beds

2191 Kingsway Drive, Kitchener, ON
Corner view - 2191 Kingsway Drive, Kitchener, ON
2191 Kingsway Drive, Kitchener, ON
Back of property - 2191 Kingsway Drive, Kitchener, ON
2191 Kingsway Drive, Kitchener, ON
Corner view - 2191 Kingsway Drive, Kitchener, ON
2191 Kingsway Drive, Kitchener, ON
Back of property - 2191 Kingsway Drive, Kitchener, ON
  • Advertising
2191 KINGSWAY Drive, Kitchener, Ontario, N2C 1A2
$1,999,999

Property Information:

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:27)

Building Features:

  • Basement Type: None
  • Construction Material: Concrete block, Concrete Walls
  • Exterior Finish: Concrete
  • Floor Space: 1200 sqft
  • Foundation Type: Block

Property Features:

  • OwnershipType: Freehold
  • Property Type: Other
  • Access Type: Road access
  • Amenities Nearby: Airport, Hospital, Public Transit, Schools
  • Community Features: High Traffic Area
  • Features: Paved driveway
  • Fence Type: Fenced yard
  • Floor Space (approx): 1200 Square Feet
  • Lot Depth: 168 Feet
  • Lot Frontage: 122 Feet
  • Utility Type: Telephone - Available, Hydro - Available
  • Zoning: COMM 2
  • Sewer: Municipal sewage system

Courtesy of: MCINTYRE REAL ESTATE SERVICES INC.

REALTOR.ca  

Location of 2191 KINGSWAY Drive, Kitchener, Ontario, N2C 1A2

Demographic Information of 2191 KINGSWAY Drive, Kitchener, Ontario, N2C 1A2

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$86,318.79

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.4 %

High school certificate or equivalent

30.75 %

Apprenticeship trade certificate/diploma

5.75 %

College/non-university certificate

20.03 %

University certificate (below bachelor)

2.19 %

University Degree

17.87 %

Commuter

Travel To Work

By Car

79.77 %

By Public Transit

14.0 %

By Walking

3.52 %

By Bicycle

0.4 %

By Other Methods

2.31 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

66.02 %

Houses

33.98 %

Own Vs. Rent