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Renanza Realty
For sale

93 BENTON STREET

Kitchener, Ontario

MLS® X13853384

Price on request

Status
Active
Property type
Vacant land
MLS® number
X13853384
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

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 +/- 1ac, high density site at 115 Benton St is also available for purchase.

Property summary

MLS® number
X13853384
Property type
Vacant Land
Land size
0.38 acres
Annual property taxes
$23,530.00
Days on market
0 days

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Sotheby's International Realty Canada, Brokerage, PARIS.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.