284 Lawrence Avenue, Kitchener, ON

$699,000
MLS#:X12972196
0 beds
0 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] land located in the coveted neighborhood of Kitchener. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $699,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 42 x 156.4 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with [] central cooling

Excellent redevelopment opportunity on a rare extra-deep 156 ft lot, offering strong potential for future intensification within a transitioning corridor experiencing increased redevelopment activity and nearby planning applications. Currently zoned EMP-1, the property presents a compelling opportunity for investors and developers exploring future use changes. Ideally located close to major arterial roads, transit routes, and key amenities, supporting long-term growth and accessibility. The property currently features a detached residential dwelling, allowing for continued personal use or rental income while planning future development. The home is a 1.5 storey with approximately 1,040 sq.ft. above grade and 640 sq. ft. finished basement, featuring 1 bedroom on the main level with 2 additional rooms on the second floor, along with a 24.5 ft x 24.5 ft garage (inside measurements, built 1987). Furnace updated in 2019 and blue steel roof installed in 2018. Property being sold "as is".

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date4/7/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeLand
Lot Size42 × 156.4 Feet
CountyWaterloo
Annual Tax$4,164.94
Legal DescriptionPT LT 71 PL 786 KITCHENER AS IN 639134; KITCHENER

Heating & Cooling

Cooling[]

Features

Property Features

Community Features

Location

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284 Lawrence Avenue, Kitchener, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Kitchener.

Verified Local Data
Population575,847
Median Age38 Yrs
Ownership65% Owners
Avg Area List Price$679,529

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Our Lady of Grace
Public70 Gracefield Crescent, Alpine, Kitchener, Ontario, N2E 1R9
7.3
Alpine
Public75 Lucerne Drive, Alpine, Kitchener, Ontario, N2E 1B4
5.8
Queen Elizabeth
Public191 Hoffman Street, Southdale, Kitchener, Ontario, N2M 3N2
4.0
A R Kaufman
PublicCarwood Avenue, Rockway, Kitchener, Ontario, N2G 3C5
2.0
Country Hills
Public195 Country Hill Drive, Country Hills, Kitchener, Ontario, N2E 2G7
4.4

Secondary Schools

St. Mary’s
Catholic1500 Block Line Road, Kitchener, Ontario, N2C 2S2
6.1
Eastwood
Public760 Weber Street East, Eastwood, Kitchener, Ontario, N2H 1H6
5.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 284 Lawrence Avenue, Kitchener, ON N2M 1Y4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$559,200
Monthly Mortgage$3,249
Property Tax (Est.)$347
Utilities & Maint.$350
Total Monthly Cost$3,946

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Kitchener.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.