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.
Full Property Details
General
Business Type
-
Total Area
0.38 Acres
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
-
Total Area
0.38 Acres
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
0
Washrooms
0
Exterior
Depth
190.31
Front
114.3
Lot Size
114 x 190.31 ft
Parking Spaces
-
Total Parking Spaces
-
Garage Spaces
-
Zoning
r2
Depth
190.31
Front
114.3
Lot Size
114 x 190.31 ft
Parking Spaces
-
Total Parking Spaces
-
Garage Spaces
-
Zoning
r2
Building Description
Home Type
Commercial
Subtype
Land
Sewers
Sanitary
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Land
Sewers
Sanitary
Water Supply
Municipal
Possession Date
No Data
Taxes & Fees
Taxes
$23,530 /yr
Tax Year
2026
Occupancy
Tenant
Taxes
$23,530 /yr
Tax Year
2026
Occupancy
Tenant
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