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Est. payment /mo
Price Dropped by $70K
284 Lawrence AVE Kitchener, ON N2M 1Y4
UPDATED:
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID X12972196
Annual Tax Amount $4,164
Tax Year 2025
Property Sub-Type Land
Property Description
Excellent redevelopment opportunity on a rare extra-deep 156 ft lot, offering strong potential for future intensification within a transitioning corridor experiencing increased redevelopment activity and nearby planning applications. Currently zoned EMP-1, the property presents a compelling opportunity for investors and developers exploring future use changes. Ideally located close to major arterial roads, transit routes, and key amenities, supporting long-term growth and accessibility. The property currently features a detached residential dwelling, allowing for continued personal use or rental income while planning future development. The home is a 1.5 storey with approximately 1,040 sq.ft. above grade and 640 sq. ft. finished basement, featuring 1 bedroom on the main level with 2 additional rooms on the second floor, along with a 24.5 ft x 24.5 ft garage (inside measurements, built 1987). Furnace updated in 2019 and blue steel roof installed in 2018. Property being sold "as is".
Location
Province ON
County Waterloo
Area Waterloo
Zoning EMP-1
Exterior
Utilities Available None
Lot Frontage 42.0
Lot Depth 156.4
Others
ParcelsYN No
Listed by Cushman & Wakefield Waterloo Region Ltd