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Home ON Kitchener - Cambridge - Waterloo Waterloo Region Kitchener Cedar Hill
21 CEDAR Street S
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$850,000
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21 CEDAR Street S
Kitchener, Ontario N2G3L2

MLS® Number: 30513677

Listing Description

Exceptional investment and development opportunity at the Kitchener Market ION LRT stop! This property has superior exposure that is ideal for pedestrian, public transit, and vehicular traffic with close proximity to street, underground, and on-location parking. Located at the northeast corner of Charles Street and Cedar Street South, this rectangular corner lot is immediately adjacent to the upcoming Kitchener Farmer's Market Rapid Transit stop, just steps from the Kitchener Market and downtown amenities. The Region of Waterloo is strongly encouraging mixed-use development at this location. The property is zoned MU-3, High Intensity Mixed Use Corridor Zone. Take advantage of this unique investment immediately by utilizing the existing 2 1/2 storey structure for combined retail, office, and residential use while completing plans for the property's future development. This property fits Region of Waterloo's development goals so well that the Region chose 21 Cedar Street South as the location for an artist's rendering illustrating the long term development vision outlined in the Region's Community Building Strategy (see photo and additional information). With only 9.8% of the corridor-wide focus areas zoned for MU-3 mixed-use, this zoning is highly sought after. Join other successful planners and investors who have taken advantage of the ION corridor investment potential supported by the Region's development plan. (32759675)

Property Summary

Property Type
Retail
Building Type
Commercial Mix
Subdivision Name
311 - Downtown/Rockway/S. Ward
Land Size
0|Unknown
Parking Type
Detached Garage
Time on REALTOR.ca
3654 days

Building

Interior Features
Basement Type
None
Building Features
Features
Country residential
Present Use
Other
Heating & Cooling
Cooling
Air Conditioned
Heating Type
Forced air
Utilities
Utility Sewer
Municipal sewage system
Water
Lake/River Water Intake, Municipal water
Business
Business Type
Other
Neighbourhood Features
Amenities Nearby
Public Transit
Parking
Parking Type
Detached Garage
Total Parking Spaces
8

Measurements

Total Finished Area
2700 sqft

Land

Lot Features
Frontage
77 ft
Land Depth
118 ft
Other Property Information
Zoning Description
MU3
Data provided by: Cornerstone - Waterloo Region
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