For Sale

2191 Kingsway Drive, Kitchener, Ontario N2C 1A2

$2,099,900

2191 Kingsway Drive, Kitchener, Ontario N2C 1A2 is For Sale and has a listing price of 2,099,900. The property is located in the Kitchener . It's been on the website for 118 Days.

  • Land
    Property Type
  • MLS ID: X12158953
  • Office Name RE/MAX ICON REALTY
Property Description

Located at 2191 Kingsway Drive, this commercial property offers exceptional visibility and accessibility in a bustling area of Kitchener. The building is currently vacant. The property benefits from its proximity to major thoroughfares, including Highway 8 and the 401, ensuring seamless connectivity for businesses and customers alike. With a zoning designation that supports a variety of commercial uses, this is a significant opportunity for an investment buyer. The COM-2 zoning of the property encourages multi-residential dwelling units on the upper floors and commercial retail units on the main floor. Development concepts reviewed with the city include a multi-level residential rental building with up to 36 units, as well as an alternative concept featuring 24 units in a stacked townhouse complex with a main floor commercial/retail business package. This location presents a valuable opportunity for retailers, service providers, or investors seeking a strategic position in a vibrant neighborhood.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12158953
  • Price: $2,099,900
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 153
  • Ref ID: X12158953
  • Dir / Cross St: Fourth Ave
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 51-99
  • Property Type: Land
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
05/20/2025 X12158953 $2,099,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Kitchener
  • $970,149 Average List Price
    based on 1 year
  • 195 New Listings
    based on 30 days
  • 45 Median Days on Market
    based on 1 year
  • List vs. Selling Price 146.89 % Up
  • Sold (12mo) 1,233
  • Rented (12mo) 514

  • 1 Month Change -18.2%
  • 3 Month Change -17.6%
  • 6 Month Change -25.1%
Walkscore
Additional Details
  • Heat Type Y
  • Taxes: $18,443
  • Last Status Y
  • Original Price: $2,200,000
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 20/05/2025 15:28:23
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