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Home ON Kitchener - Cambridge - Waterloo Kitchener Cedar Hill
21 CEDAR Street S
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$850,000
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21 CEDAR Street S
Kitchener, Ontario N2G3L2

MLS® Number: 30513591
5 + 1
Bedrooms

Listing Description

Exceptional investment and development opportunity at the Kitchener Market ION LRT stop! This property has superior exposure that is ideal for pedestrian, public transit, and vehicular traffic with close proximity to street, underground, and on-location parking. Located at the northeast corner of Charles Street and Cedar Street South, this rectangular corner lot is immediately adjacent to the upcoming Kitchener Farmer's Market Rapid Transit stop, just steps from the Kitchener Market and downtown amenities. The Region of Waterloo is strongly encouraging mixed-use development at this location. The property is zoned MU-3, High Intensity Mixed Use Corridor Zone. Take advantage of this unique investment immediately by utilizing the existing 2 1/2 storey structure for combined retail, office, and residential use while completing plans for the property's future development. This property fits Region of Waterloo's development goals so well that the Region chose 21 Cedar Street South as the location for an artist's rendering illustrating the long term development vision outlined in the Region's Community Building Strategy (see photo and additional information). With only 9.8% of the corridor-wide focus areas zoned for MU-3 mixed-use, this zoning is highly sought after. Join other successful planners and investors who have taken advantage of the ION corridor investment potential supported by the Region's development plan. (32759587)

Property Summary

Property Type
Multi-family
Building Type
Duplex
Subdivision Name
311 - Downtown/Rockway/S. Ward
Title
Freehold
Land Size
0|Unknown
Parking Type
Detached Garage
Time on REALTOR.ca
3221 days

Building

Bedrooms
Above Grade
5
Below Grade
1
Interior Features
Appliances Included
Dryer
Basement Type
Full (Finished)
Building Features
Features
Paved driveway, Country residential
Foundation Type
Stone
Style
Detached
Architecture Style
Multi-Unit
Fire Protection
Smoke Detectors
Rental Equipment
None
Heating & Cooling
Cooling
Air Conditioned, Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Lake/River Water Intake, Municipal water
Exterior Features
Exterior Finish
Brick
Business
Business Type
Residential
Neighbourhood Features
Amenities Nearby
Hospital, Public Transit, Schools
Parking
Parking Type
Detached Garage
Total Parking Spaces
4

Measurements

Total Finished Area
2700 sqft

Rooms

MetricImperial
Second level
Bedroom
Bedroom
Bedroom
Kitchen/Dining room
4pc Bathroom
Third level
Kitchen
Bedroom
4pc Bathroom
Basement
Living room
Bedroom
Kitchen/Dining room
Other
4pc Bathroom
Ground level
Living room
Dining room
Kitchen
Bedroom
3pc Bathroom

Land

Lot Features
Frontage
77 ft
Land Depth
118 ft
Other Property Information
Zoning Description
MU3
Data provided by: Cornerstone - Waterloo Region

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