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Home ON Kitchener - Cambridge - Waterloo Kitchener Central Frederick
140 LANCASTER STREET E
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140 LANCASTER STREET E $950,000
$950,000
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140 LANCASTER STREET E
Kitchener, Ontario N2H1N1

MLS® Number: X12211641

Listing Description

Opportunity knocks in Central Frederick! Now designated under the Strategic Growth Area zoning framework, this property benefits from one of the city's most progressive and flexible mixed-use designations. This forward-thinking zoning permits a broad range of commercial and residential uses, removes minimum parking requirements, and allows for substantial additions or the potential of full redevelopment. While the home includes four heritage-recognized architectural features, it is not a designated Heritage property offering exciting potential pending municipal approvals. Imagine Lush perennial gardens and a white picket fence surrounding your dream property, echoing the timeless charm of the Italianate architecture, complete with a large covered veranda, stately pillars, intricate wooden brackets, and a gleaming steel roof (2013) that will last for decades. This fairy tale property is one of the most beautiful areas in all of Kitchener. This house has all the less charming work done. With all knob and tube disconnect, a newer panel, a top-of-the-line boiler system in 2021, and spray foam insulation means youll be cool in summer, cozy in winter, and worry-free year-round. The property has begun the restoration with cedar plank soffits, and much of the exterior wood detailing lovingly stripped and finished with Benjamin Moore's highest-quality oil primer and lifetime paint. And now, the fun part is yours. You have not one, but two driveways to play with, you divide the home into a semi-detached again, or dream up something even more creative with the commercial zoning! Maybe you'll open up walls and reimagine the interior into a sleek, modern masterpiece. (40660998)

Location Description

Bingeman St

Property Summary

Property Type
Retail
Land Size
61.2 x 131 FT
Age Of Building
100+ years
Annual Property Taxes
$5,486
Total Parking Spaces
5
Time on REALTOR.ca
16 days

Building

Interior Features
Appliances Included
Dishwasher, Dryer, Washer
Heating & Cooling
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Parking
Total Parking Spaces
5

Measurements

Square Footage
3690 sqft

Land

Lot Features
Frontage
61 ft ,2 in
Land Depth
131 ft
Other Property Information
Zoning Description
SGA-2
Data provided by: OnePoint Association of REALTORS® Suite 324 - 3-301 Stone Road West, Guelph, Ontario N1G 4W4
HELEN FIDLER