237 Frederick Street
Kitchener, ON
Vacant Land • 132 days on market
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)
- $12,422
- Originally Listed
- $1,190,000
- Listed
- April 18, 2026
Price History
Listing history
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Property
- Lot Size
- 56 x 220.58 Feet
Location & Legal
- Cross Street
- Frederick Street and Webber St. E
- Zoning
- C3 Commercial, Residential
- Parcel Number
- 225130005
- Possession
- Flexible
Commercial
- Occupancy
- Vacant
Schools
Elementary
- Suddaby Public School0.4 km
Public · Waterloo Region DSB · 505 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 58% met the provincial standard
- Courtland Avenue Public School0.9 km
Public · Waterloo Region DSB · 270 students
- Margaret Avenue Public School1 km
Public · Waterloo Region DSB · 310 students
Secondary
- Cameron Heights Collegiate Institute0.8 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 90% met the provincial standard
- Kitchener Waterloo Collegiate and Vocational School1.9 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% met the provincial standard
- Eastwood Collegiate Institute2.4 km
Public · Waterloo Region DSB · 1270 students
Grade 10 literacy: 84% 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 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
Residential Freehold in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,931
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,931 recorded sales of residential freehold properties in Kitchener over the last 12 months.
Listed by
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Location
Mortgage Calculator
$220,000
Estimated Monthly Payment
$5,404
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $5,404/mo (20% down, 5.5%)
Taxes: $1,035/mo · Insurance: $275/mo
Estimates only. Consult a financial advisor.
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