6
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$1
Est. payment /mo
0.38 Acres Lot
Active
93 BENTON STREET Kitchener, ON N2G3H5
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS® Listing ID X13853384
Lot Size 0.380 Acres
Acres 0.38
Property 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, cafés, 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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Sanitary sewer
Listed by Sotheby's International Realty Canada, Brokerage
NEARBY SCHOOLS & PROPERTIES
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