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$ 950,000
Est. payment /mo
New
140 LANCASTER ST #E Kitchener, ON N2H1N1
3,690 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,690 sqft
Price per Sqft $257
Subdivision 212 - Downtown Kitchener/East Ward
MLS® Listing ID 40739834
Year Built 1884
Property Sub-Type Freehold
Source Cornerstone - Waterloo Region
Property Description
Opportunity knocks in Central Frederick! Now designated under the Strategic Growth Area zoning framework, this property benefits from one of the city's most progressive and flexible mixed-use designations. This forward-thinking zoning permits a broad range of commercial and residential uses, removes minimum parking requirements, and allows for substantial additions or the potential of full redevelopment. While the home includes four heritage-recognized architectural features, it is not a designated Heritage property —offering exciting potential pending municipal approvals. Imagine Lush perennial gardens and a white picket fence surrounding your dream property, echoing the timeless charm of the Italianate architecture, complete with a large covered veranda, stately pillars, intricate wooden brackets, and a gleaming steel roof (2013) that will last for decades. This fairy tale property is , one of the most beautiful areas in all of Kitchener. This house has all the less charming work done. With all knob and tube disconnect, a newer panel, a top-of-the-line boiler system in 2021, and spray foam insulation means you'll be cool in summer, cozy in winter, and worry-free year-round. The property has begun the restoration with cedar plank soffits, and much of the exterior wood detailing lovingly stripped and finished with Benjamin Moore's highest-quality oil primer and lifetime paint. And now, the fun part is yours. You have not one, but two driveways to play with—will you divide the home into a semi-detached again, or dream up something even more creative with the commercial zoning! Maybe you'll open up walls and reimagine the interior into a sleek, modern masterpiece. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://youtu.be/iy9mWq_zQo4
Listed by RE/MAX SOLID GOLD REALTY (II) LTD.
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