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For Sale
Just Listed

237 Frederick Street

Kitchener, ON
$1,190,000
0Bd
0Ba
sqft
56 x 220.58 ftlot
LandMLS# X13015728Listed 2026-04-180 DOM

Just listed! New listings in Kitchener often receive offers within the first week.

About this home

Exceptional development opportunity in the heart of Kitchener! This rare 56 x 220/230 ft vacant lot offers highly desirable dual zoning (Commercial & Residential), providing incredible flexibility for a wide range of potential uses. Whether you're an investor, developer, or builder, this property presents a unique chance to capitalize on mixed-use possibilities in a growing and dynamic area. The seller has already taken steps toward development, with plans submitted to the city (see site plan attached) for a proposed 3-storey multi-residential building consisting of 13 units (approval pending). This offers a strong starting point for buyers looking to fast-track a project, while still allowing the freedom to explore alternative concepts permitted under the property's versatile zoning. Ideally located in a rapidly evolving neighbourhood, walking distance to the downtown district with strong demand for both residential and commercial space, this lot is perfectly positioned for future growth and long-term value. Buyer to conduct their own due diligence regarding zoning, permitted uses, and development approvals based on their specific plans.

Financials

Annual Taxes
$15,457.97

Estimated Rental Income

Entire property$2,000 – $3,000/mo
Rental yield2.0% – 3.0%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Kitchener

Days on market0 days
Buyer's MarketSeller's Market

Based on active listings in Kitchener. Data updates daily.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$1,190,000
237 Frederick Street, Kitchener
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