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Listed price in listed location currency (CAD).
$1

000

MLS® 40866249

Overview

Key Facts

Type Commercial Land
Levels Land
Size -
Garage 
Taxes $23,530
Days Active 30
Lot Size 
Approx. Age 
MLS® Number 40866249

Property Address: 93 Benton St, Kitchener, ON, N2G3H5

Average square foot calculated using Size range provided by listing agent.

Description

An exceptional opportunity to acquire an infill development site with excellent holding income in the heart of Downtown Kitchener. Prominently positioned on an approximately 0.4 acre corner parcel, 93–99 Benton Street currently generates gross rental income exceeding $200k/yr. The property supports a concept for a striking 13 storey mixed use development comprising 96 residential units, ground floor commercial space and outdoor amenity space. Located just 350 metres from the Queen ION LRT station, the property offers outstanding connectivity with no minimum parking requirement. The Kitchener Market, Victoria Park, multiple restaurants, cafes, cultural destinations and the University of Waterloo Health Sciences Campus are all within walking distance. The Innovation District, home to Google and downtown employment centres, is only minutes away. This is a rare opportunity to secure immediate income and a significant redevelopment project in one of Waterloo Region’s most dynamic urban growth areas. Adjoining high density sites at 115 and 119 Benton St. are also available for purchase bringing the total land size to +/- 1.75ac.
MLS® Number40866249
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Home Estimate Zoopraisal®

Similar properties in this area sold on average for: $300,376
Expected to sell in 22 days. Similar properties sold in 52 days. This home has been on Zoocasa for 30 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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