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Home ON Kitchener - Cambridge - Waterloo Waterloo Region Kitchener Central Frederick
151 LANCASTER Street E
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$999,999
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151 LANCASTER Street E
Kitchener, Ontario N2H1M9

MLS® Number: 40742387

Listing Description

An exceptional opportunity awaits in the heart of Central Frederick! Now falling under the City of Kitchener’s Strategic Growth Area (SGA-2) zoning, this property is positioned for both immediate potential and long-term value. Designated as a Mid-Rise Growth Zone, SGA-2 zoning allows for buildings up to 8 storeys in height and supports a diverse mix of residential and commercial uses, making this an ideal site for investors, developers, and visionary end-users alike. This progressive zoning removes minimum parking requirements, encourages intensification, and provides flexibility for substantial additions or full redevelopment. With a 10-storey multi-unit mixed-use building expected to be constructed next door, the opportunities are endless! Whether you're looking to expand, repurpose, or build new, this property offers unmatched versatility in one of Kitchener’s most dynamic and connected neighbourhoods. Don't miss your chance to be part of the city’s exciting growth vision. (46406918)

Location Description

Lancaster & Frederick

Property Summary

Property Type
Other
Storeys
2
Subdivision Name
212 - Downtown Kitchener/East Ward
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$4,213
Time on REALTOR.ca
290 days

Building

Interior Features
Appliances Included
Dishwasher, Dryer, Refrigerator, Stove, Washer, Microwave Built-in
Basement Type
Full
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Airport, Hospital, Public Transit, Schools

Measurements

Square Footage
2745 sqft
Exterior Building Size
2745 sqft

Land

Lot Features
Frontage
50 ft
Land Depth
143 ft
Other Property Information
Access
Highway access, Rail access
Zoning Description
SGA-2
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