
Listed For
Added 18 days ago
0.38 Acres
Land
$23,530 Tax / yr
-
Bedrooms
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Bathrooms
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Garages
0.38
Acres
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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
Census area 35300368; area-wide figures, not facts about this home.
Adapted from Statistics Canada, 2021 Census of Population, Census Profile, 2021. This does not constitute an endorsement by Statistics Canada of this product.