547-555 Lancaster St W - Residential LAND FOR SALE


Kitchener, ON N2K 1M2 52,708 SF
$6,900,000 CAD
519-743-5211
547-555 Lancaster St W, Kitchener, ON for Sale
$6,900,000 CAD
Residential LAND - FOR SALE
1/1
52,708 SF

547-555 Lancaster St W
Kitchener, ON N2K 1M2


OVERVIEW

A unique chance to acquire redevelopment lands in the Lancaster area is available. The offering includes five properties (547, 549, 553, and 555 Lancaster St. W. as well as 9 General Dr.), totaling around 1.21 acres, with mixed (MIX-2) and residential (R4) zoning. All buildings are currently occupied, and the buyer will be required to assume tenancies upon closing. These properties are located directly opposite a proposed redevelopment that features five multi-residential buildings of varying heights, reaching up to 26 stories high and a total of 1,198 units. For more information regarding financial details and Phase 1 (549 Lancaster), please submit a confidentiality agreement

FOR SALE DETAILS

PRICE

$6,900,000 CAD

PRICE/ACRE

$5,702,436/AC

PRICE/SF

$131 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Mixed Use

LAND ACRES

1.21 AC

LAND SF

52,708 SF

OFFSITE IMPROVEMENTS

-

ZONING

MIX-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

James BoudreauColdwell Banker Commercial Peter Benninger RealtyMore Info
519-743-5211

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James BoudreauColdwell Banker Commercial Peter Benninger RealtyMore Info
519-743-5211

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.