| An exceptional opportunity to acquire an infill development site with excellent holding income in the heart of Downtown Kitchener. Prominently positioned on an approximately 0.4 acre corner parcel, 93-99 Benton Street currently generates gross rental income exceeding $200k/yr. The property supports a concept for a striking 13 storey mixed use development comprising 96 residential units, ground floor commercial space and outdoor amenity space. Located just 350 metres from the Queen ION LRT station, the property offers outstanding connectivity with no minimum parking requirement. The Kitchener Market, Victoria Park, multiple restaurants, cafés, cultural destinations and the University of Waterloo Health Sciences Campus are all within walking distance. The Innovation District, home to Google and downtown employment centres, is only minutes away. This is a rare opportunity to secure immediate income and a significant redevelopment project in one of Waterloo Region's most dynamic urban growth areas. Adjoining +/- 1ac, high density site at 115 Benton St is also available for purchase. |
| Price | $1 |
| Taxes: | $23530.00 |
| Tax Type: | Annual |
| Assessment Year: | 2026 |
| Occupancy: | Tenant |
| Address: | 93 Benton Street , Kitchener, N2G 3H5, Waterloo |
| Postal Code: | N2G 3H5 |
| Province/State: | Waterloo |
| Legal Description: | PT LT 1 PL 405 KITCHENER PT 1 58R10645; |
| Directions/Cross Streets: | Benton St & St. George St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Designated |
| Total Area: | 0.38 |
| Total Area Code: | Acres |
| Washrooms: | 0 |
| Sewers: | Sanitary |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| Sotheby's International Realty Canada, Brokerage |
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| Book Showing | Email a Friend |
| Type: | Com - Land |
| Area: | Waterloo |
| Municipality: | Kitchener |
| Neighbourhood: | Dufferin Grove |
| Tax: | $23,530 |
| Fireplace: | N |