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351-355 Lancaster Street

351-355 Lancaster Street

Kitchener, ON

  • 0.41 sqft
  • Land
  • 96 days on market
$950,000

A 0.415-acre potential medium-density development opportunity in Kitchener, with concepts yielding up to 14 stacked townhomes. The property benefits from excellent exposure on Lancaster Street W and is located less than 500 m from Highway 7, providing convenient regional access. The site is currently improved with three fully serviced commercial buildings totaling 4,662 square feet. Surrounded by a wide range of amenities, including schools, parks, sports fields, grocery stores, and restaurants, the property presents an ideal setting for future residential or mixed-use development.

Listing Details

Listed
May 28, 2026

Price History

Property

Lot Size
100.58 x 179.93 Feet

Parking

Garage
Outside/Surface

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Union Street to Lancaster Street W
Zoning
MIX-1
Parcel Number
223390102
Possession
Immediate
Occupancy
Vacant

Commercial

Business Type
Residential

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
1,925
Median days on market
20
Sale-to-list price
100.9%

Based on 1,925 recorded sales of commercial properties in Kitchener over the last 12 months.

Listed by

CBRE LIMITED

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R

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