575 RIVERBEND Drive
Kitchener, Ontario
37,000 sqft • Office
UP TO 30% VTB AVAILABLE FOR APPROVED BUYER. 37,000sf OFFICE BUILDING LOCATED BETWEEN 2 HWY EXITS. EXPRESSWAY VISABILITY. Drive-in door onsite. Ideal for Research and Development, Office/Industrial, Tech, Computer electronic and data processing, Lab, certain manufacturing, logistics and transportation possibilities. Additional – Potential for 30,000sf Office or 40,000sf Industrial expansion on the property. 5 minutes to Waterloo, 15 minutes to Guelph and Cambridge. 5/1000 parking. Other uses include - sales center, restaurant, fitness center, yoga studio, printing or publishing establishment, general office users, professional office user plus a variety of Industrial uses. High profile and attractive office building in the Riverbend office node. This attractive gleaming-glass building provides an open floor plan and abundance of natural light. Easy access for employees to be close to restaurants and coffee amenities. Ample onsite parking and an elevator in the building. Scenic views are sure to impress anyone who chooses to make this their future work space.
Price History
Property
- Lot Size
- 3.3 acres
Schools
Elementary
- St Teresa Catholic Elementary School1 km
Catholic · Waterloo CDSB · 355 students
Grade 3 reading: 72% met the provincial standard · Grade 6 math: 45% met the provincial standard
- Bridgeport Public School1 km
Public · Waterloo Region DSB · 310 students
Grade 3 reading: 51% met the provincial standard · Grade 6 math: 50% met the provincial standard
- Prueter Public School1.1 km
Public · Waterloo Region DSB · 215 students
Grade 3 reading: 58% met the provincial standard · Grade 6 math: 17% met the provincial standard
Secondary
- Bluevale Collegiate Institute1.5 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
- Rosemount - U Turn School2.4 km
Public · Waterloo Region DSB
- Kitchener Waterloo Collegiate and Vocational School3.1 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2K
- Population
- 29,381
- Private dwellings
- 10,815
- Median age
- 40.4
- Average household size
- 2.8
- Median household income
- $120,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Office in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,925
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,925 recorded sales of office properties in Kitchener over the last 12 months.
Walk Score
Walk
Transit
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Scores by Walk Score®
Location
Mortgage Calculator
$1,599,000
Estimated Monthly Payment
$39,277
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $39,277/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $1,999/mo
Estimates only. Consult a financial advisor.