547-555 Lancaster St W
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547-555 Lancaster St W
1.21 Acres of Residential Land Offered at $4,765,522 USD in Kitchener, ON N2K 1M2
Executive Summary
A unique chance to acquire redevelopment lands in the Lancaster area is available. The offering includes five properties (547, 549, 553, and 555 Lancaster St. W. as well as 9 General Dr.), totaling around 1.21 acres, with mixed (MIX-2) and residential (R4) zoning. All buildings are currently occupied, and the buyer will be required to assume tenancies upon closing. These properties are located directly opposite a proposed redevelopment
that features five multi-residential buildings of varying heights, reaching up to 26 stories
high and a total of 1,198 units. For more information regarding financial details and
Phase 1 (549 Lancaster), please submit a confidentiality agreement
that features five multi-residential buildings of varying heights, reaching up to 26 stories
high and a total of 1,198 units. For more information regarding financial details and
Phase 1 (549 Lancaster), please submit a confidentiality agreement
Property Facts
Price | $4,765,522 USD | Property Type | Land |
Sale Type | Investment | Property Subtype | Residential |
Sale Conditions | Redevelopment Project | Total Lot Size | 1.21 AC |
No. Lots | 1 |
Price | $4,765,522 USD |
Sale Type | Investment |
Sale Conditions | Redevelopment Project |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 1.21 AC |
1 Lot Available
Lot
Price | $4,765,522 USD | Lot Size | 1.21 AC |
Price Per AC | $3,938,448.18 USD |
Price | $4,765,522 USD |
Price Per AC | $3,938,448.18 USD |
Lot Size | 1.21 AC |
zoning
Zoning Code | MIX-2 (Mixed Use Zoning) |
MIX-2 (Mixed Use Zoning) |
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547-555 Lancaster St W
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