237 Frederick Street

Kitchener, ON

12,421 sqft
Land
140 days on market

$1,100,000Price reduced 8%

Exceptional development opportunity in the heart of Kitchener! This rare 56 x 220/230 ft vacant lot offers highly desirable dual zoning (Commercial & Residential), providing incredible flexibility for a wide range of potential uses. Whether you're an investor, developer, or builder, this property presents a unique chance to capitalize on mixed-use possibilities in a growing and dynamic area. The seller has already taken steps toward development, with plans submitted to the city (see site plan attached) for a proposed 3-storey multi-residential building consisting of 13 units (approval pending). This offers a strong starting point for buyers looking to fast-track a project, while still allowing the freedom to explore alternative concepts permitted under the property's versatile zoning. Ideally located in a rapidly evolving neighbourhood, walking distance to the downtown district with strong demand for both residential and commercial space, this lot is perfectly positioned for future growth and long-term value. Buyer to conduct their own due diligence regarding zoning, permitted uses, and development approvals based on their specific plans.

Listing Details

Taxes (2025): $15,458
Originally Listed: $1,190,000
Listed: April 18, 2026

Price History

Listing history

Property

Lot Size: 56 x 220.58 Feet

Utilities

Sewer: Sanitary

Location & Legal

Cross Street: Frederick Street and Webber St. E
Zoning: C3 Commercial, Residential
Parcel Number: 225130005
Possession: Flexible
Occupancy: Vacant

Community

Postal area N2H

Population: 22,456
Private dwellings: 11,453
Median age: 38.4
Average household size: 2.1
Median household income: $73,500

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: 1,928
Median days on market: 20
Sale-to-list price: 100.9%

Based on 1,928 recorded sales of commercial properties in Kitchener over the last 12 months.

Listed by

CENTURY 21 PEOPLE`S CHOICE REALTY INC.

Walk Score

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Location

Street View

Commercial figures

Building area: 12,421 sq ft
Price per sq ft: $88.56
Annual property tax: $15,458
Tax per sq ft: $1.24

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

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