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284 Lawrence Avenue

284 Lawrence Avenue

Kitchener, ON

  • 0.15 sqft
  • Land
  • 157 days on market
$629,000Price reduced 10%

Excellent redevelopment opportunity on a rare extra-deep 156 ft lot, offering strong potential for future intensification within a transitioning corridor experiencing increased redevelopment activity and nearby planning applications. Currently zoned EMP-1, the property presents a compelling opportunity for investors and developers exploring future use changes. Ideally located close to major arterial roads, transit routes, and key amenities, supporting long-term growth and accessibility. The property currently features a detached residential dwelling, allowing for continued personal use or rental income while planning future development. The home is a 1.5 storey with approximately 1,040 sq.ft. above grade and 640 sq. ft. finished basement, featuring 1 bedroom on the main level with 2 additional rooms on the second floor, along with a 24.5 ft x 24.5 ft garage (inside measurements, built 1987). Furnace updated in 2019 and blue steel roof installed in 2018. Property being sold "as is".

Listing Details

Taxes (2025)
$4,165
Originally Listed
$699,000
Listed
April 7, 2026

Price History

Property

Lot Size
42 x 156.4 Feet

Utilities

Sewer
Sanitary+Storm Available

Location & Legal

Cross Street
Victoria Street South & Lawrence Avenue
Zoning
EMP-1
Parcel Number
224430105
Possession
Immediate
Occupancy
Vacant

Community

Postal area N2M

Population
36,494
Private dwellings
16,113
Median age
36.4
Average household size
2.3
Median household income
$71,500

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

Commercial in Kitchener · last 12 months

Median sold price
$665,000
Homes sold
1,918
Median days on market
20
Sale-to-list price
101.0%

Based on 1,918 recorded sales of commercial properties in Kitchener over the last 12 months.

Listed by

Cushman & Wakefield Waterloo Region Ltd

Walk Score

77

Walk

49

Transit

76

Bike

Scores by Walk Score®

Commercial figures

Annual property tax
$4,165

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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