REDEVELOPMENT OPPORTUNITY
LAND AND BUILDINGS
FOR SALE
LANCASTER STREET, KITCHENER
REDEVELOPMENT OPPORTUNITY
▪
PROPERTY OVERVIEW
DETAILS
Combined property size of .553 acres
SALE PRICE:
PETER BENNINGER REALTY, BROKERAGE *
$850,000
(approx. 146’ frontage x 165’ depth)
PROPERTY TAXES: $12,022.76 (2015) ▪
▪
▪
Expanded MU-1 Zoning (mixed use) allows many commercial and residential uses
BUILDING SIZE:
5,398 Square Feet (approx.)
Includes two properties: ▪ 547 Lancaster— Existing residence ▪ 549 Lancaster— Converted home and building at rear
LAND SIZE:
0.553 Acres
ZONING:
MU - 1
Well maintained properties (Owner occupied)
James Boudreau, Broker [email protected] Phone: 519-743-5211 Ext: 3020 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
LAND AND BUILDINGS
FOR SALE PETER BENNINGER REALTY, BROKERAGE *
PROPERTY LOCATION
Lot Features
Primarily level Lot with gentle slope to the north
Partially paved
Has some storm water drainage in place to rear of lot
Hydro, Water and Gas services available at the property line
James Boudreau, Broker [email protected] Phone: 519-743-5211 Ext: 3020 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
LAND AND BUILDINGS
FOR SALE PETER BENNINGER REALTY, BROKERAGE *
PROPERTY PHOTOS
549 Lancaster St W
547 Lancaster St W
James Boudreau, Broker [email protected] Phone: 519-743-5211 Ext: 3020 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
LAND AND BUILDINGS AREA MAP
FOR SALE PETER BENNINGER REALTY, BROKERAGE *
LANCASTER NODE - KITCHENER, ON.
James Boudreau, Broker [email protected] Phone: 519-743-5211 Ext: 3020 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
LAND AND BUILDINGS
FOR SALE
LANCASTER STREET, KITCHENER
PETER BENNINGER REALTY, BROKERAGE *
AREA DEMOGRAPHICS—3KM Radius of N2K 1M2
Top Lifestyles:
Population Breakdown
Cluster L - COMFORTABLE APARTMENT DWELLERS 29.38% • Seniors and Singles • Soft Skills • Disposable Income • Mixed Interests
Total population
42,214
Population with age 0-14 Population with age 15-24 Population with age 25-34 Population with age 35-44 Population with age 45-54 Population with age 55-64 Population with age 65+
14.68% 11.62% 15.63% 13.75% 15.30% 12.89% 16.13%
Cluster F - EMPTY NESTERS 11.49% • Retirement Age • Golf & Grandkids • Slowing Pace of Life • Travel & Recreation Cluster N - THE NEW CANADIANS 8.10% • Immigrant Strivers • Genteel Blue-Collar • Bus, Metro, Walk • Young Families
Household Breakdown Total number of households:
19,104
Household size:
2.30
Resident Type Owners:
64.82%
Tenants:
35.18%
Population Overview Seniors and young professionals without kids, they have income $52,321, (rental) home value $329,850 and household size of 1.96. High percentages of females, immigrants, widows, separated, divorces and singles, they work likely in social sciences, art, culture, recreation, sports, sales and services. They live in large cities and have good disposable income. They like to travel, e.g., to Quebec and Montreal. They read history, relationships, world news and politics. Average in sports. Advertising is an important source of information. Prefer low-calorie or 'light' foods and drinks. Like to try new products. Brand loyal but see no-name as equally good. Convenience is more important than price when shopping. Career and working have high priority. Television is a major source of entertainment. Keep home very neat and clean and feel single person can have a satisfying, enjoyable life. Demographics Source: superdemographics.com
James Boudreau, Broker [email protected] Phone: 519-743-5211 Ext: 3020 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
FOR SALE
LANCASTER STREET, KITCHENER
REDEVELOPMENT OPPORTUNITY
▪
PROPERTY OVERVIEW
DETAILS
Combined property size of .553 acres
SALE PRICE:
PETER BENNINGER REALTY, BROKERAGE *
$850,000
(approx. 146’ frontage x 165’ depth)
PROPERTY TAXES: $12,022.76 (2015) ▪
▪
▪
Expanded MU-1 Zoning (mixed use) allows many commercial and residential uses
BUILDING SIZE:
5,398 Square Feet (approx.)
Includes two properties: ▪ 547 Lancaster— Existing residence ▪ 549 Lancaster— Converted home and building at rear
LAND SIZE:
0.553 Acres
ZONING:
MU - 1
Well maintained properties (Owner occupied)
James Boudreau, Broker [email protected] Phone: 519-743-5211 Ext: 3020 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
LAND AND BUILDINGS
FOR SALE PETER BENNINGER REALTY, BROKERAGE *
PROPERTY LOCATION
Lot Features
Primarily level Lot with gentle slope to the north
Partially paved
Has some storm water drainage in place to rear of lot
Hydro, Water and Gas services available at the property line
James Boudreau, Broker [email protected] Phone: 519-743-5211 Ext: 3020 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
LAND AND BUILDINGS
FOR SALE PETER BENNINGER REALTY, BROKERAGE *
PROPERTY PHOTOS
549 Lancaster St W
547 Lancaster St W
James Boudreau, Broker [email protected] Phone: 519-743-5211 Ext: 3020 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
LAND AND BUILDINGS AREA MAP
FOR SALE PETER BENNINGER REALTY, BROKERAGE *
LANCASTER NODE - KITCHENER, ON.
James Boudreau, Broker [email protected] Phone: 519-743-5211 Ext: 3020 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
LAND AND BUILDINGS
FOR SALE
LANCASTER STREET, KITCHENER
PETER BENNINGER REALTY, BROKERAGE *
AREA DEMOGRAPHICS—3KM Radius of N2K 1M2
Top Lifestyles:
Population Breakdown
Cluster L - COMFORTABLE APARTMENT DWELLERS 29.38% • Seniors and Singles • Soft Skills • Disposable Income • Mixed Interests
Total population
42,214
Population with age 0-14 Population with age 15-24 Population with age 25-34 Population with age 35-44 Population with age 45-54 Population with age 55-64 Population with age 65+
14.68% 11.62% 15.63% 13.75% 15.30% 12.89% 16.13%
Cluster F - EMPTY NESTERS 11.49% • Retirement Age • Golf & Grandkids • Slowing Pace of Life • Travel & Recreation Cluster N - THE NEW CANADIANS 8.10% • Immigrant Strivers • Genteel Blue-Collar • Bus, Metro, Walk • Young Families
Household Breakdown Total number of households:
19,104
Household size:
2.30
Resident Type Owners:
64.82%
Tenants:
35.18%
Population Overview Seniors and young professionals without kids, they have income $52,321, (rental) home value $329,850 and household size of 1.96. High percentages of females, immigrants, widows, separated, divorces and singles, they work likely in social sciences, art, culture, recreation, sports, sales and services. They live in large cities and have good disposable income. They like to travel, e.g., to Quebec and Montreal. They read history, relationships, world news and politics. Average in sports. Advertising is an important source of information. Prefer low-calorie or 'light' foods and drinks. Like to try new products. Brand loyal but see no-name as equally good. Convenience is more important than price when shopping. Career and working have high priority. Television is a major source of entertainment. Keep home very neat and clean and feel single person can have a satisfying, enjoyable life. Demographics Source: superdemographics.com
James Boudreau, Broker [email protected] Phone: 519-743-5211 Ext: 3020 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
