A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 7 May Pl, Kitchener Ontario N2H 1B9
4 days on Market

7 May Pl, Kitchener, Ontario N2H 1B9

Detached
-
-
- sqft
$5,350,000
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Detached
-
-
- sqft

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Highlights

Property Estimate

Days on market4 days

Estimated valueNot available

Price/Sqft-

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Description

Exceptional redevelopment opportunity in the core of Downtown Kitchener. This site includes seven residential buildings generating over $200,000 annually in gross income, providing interim revenue. All of the Tenants are on a month-to-month leases, offering flexibility for future redevelopment. The property is currently zoned SGA-3, which permits higher-density residential development in one of Southwestern Ontario’s fastest-growing urban markets.


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size2,618 Ac(60.6 x 43.21)
Parking Spaces-
MLS ®Number40831492
Community NameCity Commercial Core
Data SourceITSO
Listing byWHITNEY & COMPANY REALTY LIMITED

Features

Lot size: 2,618 Ac
Sewer (Municipal)

Property History

May 20, 2026
ListedActive
$5,350,000
4 days on market
history photo preview3
Listing by itso®
Property listed by WHITNEY & COMPANY REALTY LIMITED, Brokerage
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Market Data - City Commercial Core

Geo Zone Map ThumbnailCity Commercial Core

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

12 days

Compared to

2025

0 day

2024

0 day

2023

0 day

New Listings

Past 30 days

1 listing

Compared to

2025

3 listings

2024

1 listing

2023

2 listings

Units sold

Past 30 days

1 unit

Compared to

2025

0 unit

2024

0 unit

2023

0 unit

Median Sold Price

Past 30 days

$685,000

Compared to


Population and Demographics

Overview

Total population 3740
Average household income $102,858

Age (%)

0 to 19
13%
20 to 34
32%
35 to 49
20%
50 to 64
17%
65 and plus
18%

Household composition (%)

Single person
52%
Single family
41%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
83%
Others
3%
Arabic
3%
German
2%
Spanish
2%
Portuguese
1%
Mandarin
1%
French
1%

House tenancy (%)

Renters
72%
Owners
28%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget