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For Sale · Kitchener · Vacant Land

$999,900

351-355 LANCASTER Street W, Kitchener

About This Home

The details.

Discover an exceptional ±0.415-acre redevelopment opportunity in Kitchener, ideally suited for medium-density residential development. Preliminary development concepts indicate the potential for up to 14 stacked townhomes, making this a strong investment opportunity. Positioned on the highly visible Lancaster Street W and located less than 500 metres from Highway 7, the property offers excellent accessibility and...

Summarizing the highlights...

MLS® 40846018Listing courtesy of CENTURY 21 RIGHT TIME REAL ESTATE INC.View on map Street view

Property Details

Facts & features.

Property type: Vacant Land
Ownership: Freehold
Lot size: 0.415 acres
Listed on: 2026-07-07
Days on market: 8
MLS number: 40846018
Data source: Cornerstone Association of REALTORS®

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

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My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$4,676

$799,920 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$4,676

Cash flow

-$4,676

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Kitchener right now

522

Active listings

784

New this week

$699,800

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Kitchener.

Household and demographic stats for Kitchener, from the Statistics Canada 2021 Census.

256,885
Population (2021): 37.2
Median age: 99,810
Households: 2.6
Avg household size: 59.7%
Home ownership: $87,000
Median household income

Kitchener market trends

The immediate block around this home (right here): about 463 residents in 232 homes, 2,856 people/km² (urban).

Source: Statistics Canada 2021 Census, Kitchener, City, Ontario; block-level figures from dissemination area 35300101.

Schools

Nearby schools

K-12 schools closest to this home, with straight-line distances.

no score data
St Teresa Catholic Elementary School
390 m
catholic · elementary
no score data
Prueter Public School
530 m
public · elementary
no score data
K-W Montessori School Inc., The
640 m
independent · elementary
no score data
Margaret Avenue Public School
1.3 km
public · middle

Rental Market

Rentals nearby

Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.