Gurvinder Nokwal REALTOR®
For Sale Vacant Land 16 days on market

$1,010,000

Est. payment $4,472/moCalculate yours

237 Frederick Street, Kitchener, ON N2H 2M7

Kitchener, ON N2H 2M7

Map

Listing courtesy of CENTURY 21 PEOPLE`S CHOICE REALTY INC. MLS® X13854474

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.

Property details

Overview

Property Type
Vacant Land
For
For Sale
Status
New

Lot & Parking

Lot Size
56 x 220.58 Feet
Zoning
C3 Commercial, Residential

Financial

Property Taxes
$12,422 (2025)

Location

Cross Street
Frederick Street and Webber St. E
Direction Faces
East

Listing

MLS® Number
X13854474
Days on Market
16
Listed On
2026-10-02
Possession
Flexible
Listed By
CENTURY 21 PEOPLE`S CHOICE REALTY INC.

Mortgage calculator

Minimum for this price: $76,000 (7.52%)

Amortization, years

Estimated mortgage payment

$4,472 per month

Principal and interest
$4,472
Property tax
$1,035
Estimated monthly cost
$5,507

Your mortgage

Mortgage amount
$808,000
Mortgage insurance
Not needed
Interest over 25 years
$533,618

Cash to close

Down payment
$202,000
Land transfer tax
$16,675
Total, before legal fees
$218,675
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

237 Frederick Street, Kitchener, ON N2H 2M7 Kitchener, ON N2H 2M7
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Also listed as MLS® X13015734

Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,010,000 237 Frederick Street, Kitchener, ON N2H 2M7
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