40 Lancaster Street W

Kitchener, N2H 4S9

$1

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Listed 274 days ago · MLS® X12707560

About this home

Perfectly-located M2 ZONING commercial property on highly visible Lancaster St W, one of Kitchener's key arterial corridors connecting Downtown Kitchener, Bridgeport, and surrounding commercial districts. This multi-tenant commercial building has historically supported showroom, retail, service, and light industrial uses, offering excellent flexibility for a wide range of business operations. The property features strong street presence, excellent exposure, and consistent traffic flow, making it an ideal candidate for automotive-related uses, including car dealerships, specialty auto sales and could fit 60-70 veihicles total, or showroom-based businesses. The site configuration and frontage lend themselves well to vehicle display, customer parking, and easy ingress/egress, a rare combination along a corridor of this calibre. With two drive in doors and multiple man doors, the building offers adaptable interior layouts suitable for showroom space, offices, and back-of-house operations. The surrounding area is a well-established commercial node with ongoing reinvestment and redevelopment activity, enhancing long-term value and exposure. Ideal for owner-users, investors, or automotive operators seeking a prime location with high visibility, flexible usage potential, and proximity to major transportation routes. Opportunities of this nature along Lancaster Street West are increasingly scarce. Seller is willing to accommodate buyers renovation requirements to suit their business needs.

Details

Type
Industrial
Lot
149.2 × 140 ft
Garage
None
Property tax
$17,330 (2025)
Municipality
Kitchener

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Partial
Utilities
Yes

Building and exterior

Building area
8,500 Square Feet

More

Possession
flexible
Cross street
Victoria and lancaster

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Walkable

  • 🚇 Kitchener City Hall LRT17 min walk
  • 🚇 Frederick LRT1.2 km

Within a 10-minute walk: 1 grocery store, 17 cafés and restaurants, 13 parks, 1 pharmacy. Nearest grocery: Your Independent Grocer (900 m). Nearest park: Maple Lane Green (50 m).

Schools nearby

Elementary

  • Suddaby Public School
    EQAO: Gr 6 reading 90%, math 58%
    14 min walk
  • St. Teresa Catholic Elementary School Catholic
    EQAO: Gr 6 reading 86%, math 45%
    15 min walk
  • Prueter Public School
    EQAO: Gr 6 reading 62%, math 17%
    19 min walk
  • St. Anne Catholic Elementary School Catholic
    EQAO: Gr 6 reading 90%, math 45%
    1.4 km

Secondary

  • Margaret Avenue Public School8 min walk
  • St. Louis Education Centre - St. Mary's Campus Catholic16 min walk
  • St. Louis Education Centre - Main Campus Catholic16 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N2H

Owners / renters
49% / 51%
Median household income
$73,500
Average age
41
Children under 15
13%
Homes
43% detached, 22% high-rise
Commute by transit
7%
Population
22,456

Languages spoken most at home besides English: Arabic 0.9%, Spanish 0.7%, Tigrigna 0.5%, Portuguese 0.5%.

Safety

Crime Severity Index for Waterloo Region (Kitchener) police: 67 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Kitchener: 1 km. Transit times · Driving times

Noise 1 source nearby

  • 🚆 Rail line (GO Transit)100 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX TWIN CITY REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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