CAONKitchener2922 Kingsway Dr
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2922 Kingsway Dr, Kitchener, ON

Real Estate

For Sale

Listed price in listed location currency (CAD).
$18,495,000

000

MLS® 40794576

  • Key Facts
  • Description
  • Map

Key Facts

Type Commercial Land
Levels Land
Size -
Garage No
Taxes $423,613
Days Active 0
Lot Size 11.22 acres
Approx. Age 
MLS® Number 40794576

Property Address: 2922 Kingsway Dr, Kitchener, ON, N2C1X1

Average square foot calculated using Size range provided by listing agent.

Description

Opportunity to acquire the 11.248 acres, underneath Walmart at Kitchener's premier retail centre - Fairview Park Mall, leased long-term with approximately 75 years, inclusive of renewal options, remaining and expiring in 2100. The land is leased under a triple-net ground lease, subleased to Walmart, providing secure, predictable income with minimal management obligation and rent escalations through 2050, followed by market resets. Located within a Protected Major Transit Station Area, the site offers exceptional long-term redevelopment potential while delivering stable "bond-like" income today, backed by real estate. Ideal for investors seeking capital preservation, high-quality covenant income, and long-horizon land value in a prime corridor.
MLS® Number40794576
Laundry Level
Central VacNo
FireplaceNo
Acreage11.22
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 19, 2025List Date
$18,495,000List Price
  • Commute

Commute

Starting Address
Destination Address
2922 Kingsway Dr, Kitchener, ON

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