A pic from exterior of the house or condo, the street view for 269 Victoria St, Kitchener Ontario N2H 5C9
253 days on Market

269 Victoria St, Kitchener, Ontario N2H 5C9

Detached
-
-
- sqft
$3,650,000
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Highlights

Property Estimate

Days on market253 days

Estimated valueNot available

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Description

This 0.687-acre property offers a centrally located mixed-use redevelopment opportunity along Victoria Street North, an arterial corridor connecting Downtown Kitchener to both the highway and the west side of the Region. Surrounded primarily by residential uses, Victoria Street North is designated as a mixed-use corridor within the City’s urban structure, supporting a range of redevelopment opportunities. The property is zoned MU-1, permitting a 2.0 FSR as of right. Recent approvals for a site on the opposite side of the street allow for an FSR of 10.5, demonstrating an appetite for increased density in the area. The property is currently improved with two houses and a 3,500 SF commercial shop. The shop and one house are utilized by the vendor, while the other house is tenanted, providing interim revenue. Historically operating as a recycling yard, the property has recent Phase 1 and Phase 2 environmental reports available for review by qualified purchasers. Located just north of the Downtown core and west of the Highway 85 on-ramp, the site offers convenient access to public transit, including the Kitchener GO & VIA stations, the LRT and BRT routes, and the future LRT Transit Hub. It is also well-served by walking & cycling infrastructure, with the nearby Spur Line Trail providing connections to Uptown Waterloo, Downtown Kitchener, and surrounding neighbourhoods.


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number40677498
Community NameCivic Centre
Data SourceITSO
Listing byCUSHMAN & WAKEFIELD WATERLOO REGION LTD.

Features

Sewer (Municipal)

Property History

Nov 27, 2024
ListedActive
$3,650,000
253 days on market
history photo preview5
Listing by itso®

Market Data - Civic Centre

Geo Zone Map ThumbnailCivic Centre

Strong Seller's Market

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Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

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2024

0 day

2023

0 day

New Listings

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0 listing

Compared to

2024

1 listing

2023

1 listing

Units sold

Past 30 days

0 unit

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2024

0 unit

2023

0 unit

Median Sold Price

Past 30 days

$0

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Population and Demographics

Overview

Total population 1068
Average household income $123,481

Age (%)

0 to 19
14%
20 to 34
33%
35 to 49
21%
50 to 64
17%
65 and plus
15%

Household composition (%)

Single person
49%
Single family
44%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
85%
Others
3%
Arabic
2%
German
2%
Spanish
2%
Tigrigna
1%
Bengali
1%

House tenancy (%)

Renters
64%
Owners
36%

What’s nearby?Essentials within 5 km

Local Logic

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