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Christine Caparello

[email protected] +1(905) 462-2775

Listed by Helen Fidler • RE/MAX SOLID GOLD REALTY (II) LTD.

$ 950,000

Est. payment -/mo

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140 Lancaster Street #E Kitchener, ON N2H 1N1

3,690 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 3,690 sqft

Price per Sqft $257

MLS Listing ID 40739834

Abv Grd Liv Area 3,690

Year Built 1884

Annual Tax Amount $5,486

Property Sub-Type Mixed,Building and Land

Source 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.

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning SGA-2

Direction Located on the corner of Lancaster St. E. and Bingeman Street,

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 61.0

Garage No

Building

Lot Description Business Centre, City Lot, High Traffic Area, Highway Access, Public Transit, Rail Access, Schools

Faces Located on the corner of Lancaster St. E. and Bingeman Street,

Story 3

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 225130209

Ownership Freehold/None

Virtual Tour https://youtu.be/iy9mWq_zQo4

Christine Caparello

Advisor

+1(905) 462-2775

Christine Caparello

140 Lancaster Street #E Kitchener, ON N2H 1N1

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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140 Lancaster Street #E