REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 7,000,000
Est. payment /mo
Active
4417 King ST Kitchener, ON N2P 2G1
2.82 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40834349
Annual Tax Amount $13,377
Lot Size 2.820 Acres
Acres 2.82
Property Sub-Type Commercial
Source Cornerstone
Property Description
CBRE Southern Ontario Investment Team is pleased to present 4417 King Street East and 162 Edgehill Drive (the “Property” or the “Site), a 2.82 acre medium density redevelopment opportunity located in a prime commercial node of Kitchener. The Property is strategically positioned within a thriving commercial hub, surrounded by amenities and is directly across the street from Costco and Sportsworld Crossing shopping centre. This transit-oriented Site is located near the Sportsworld Drive GO Bus Terminal, the future Sportsworld LRT stop, and offers excellent connectivity for commuters with excellent proximity to Highway 8 and Highway 401.
The Vendor engaged with GSP Planning to produce various initial development concepts. Based on the planning context, existing adjacent land uses, and recent nearby approvals, GSP's recommendation is medium-density development with a range of built-form options including a mix of apartments, conventional towns, and stacked towns. The offering represents a rare opportunity to acquire a strategically situated medium-density redevelopment Site within a highly dynamic residential market.
The Vendor engaged with GSP Planning to produce various initial development concepts. Based on the planning context, existing adjacent land uses, and recent nearby approvals, GSP's recommendation is medium-density development with a range of built-form options including a mix of apartments, conventional towns, and stacked towns. The offering represents a rare opportunity to acquire a strategically situated medium-density redevelopment Site within a highly dynamic residential market.
Location
Province ON
County Waterloo
Area 2 - Kitchener East
Zoning COM-3 & RES-1
Direction King Street East and Cressman Avenue
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available None
Lot Frontage 297.0
Lot Depth 206.11
Garage No
Building
Lot Description Urban, High Traffic Area, Highway Access, Public Transit, Visual Exposure
Faces King Street East and Cressman Avenue
Sewer None
Water None
New Construction No
Others
Senior Community false
Tax ID 226270058
Ownership Freehold/None
Listed by CBRE LIMITED
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION