53 S Queen Street
311 - Downtown/Rockway/S. Ward Kitchener N2G 1V8

$1,399,000
Commercial Sale

Potential development potential. SGA-2 zoning allows for up for a 6 story building. See zoning documents in supplements
Photo 1: 53 S Queen Street in Kitchener: 311 - Downtown/Rockway/S. Ward Store with Apt/Office for sale (3 - Kitchener West) : MLS®# 40768063
Photo 2: 53 S Queen Street in Kitchener: 311 - Downtown/Rockway/S. Ward Store with Apt/Office for sale (3 - Kitchener West) : MLS®# 40768063
Photo 3: 53 S Queen Street in Kitchener: 311 - Downtown/Rockway/S. Ward Store with Apt/Office for sale (3 - Kitchener West) : MLS®# 40768063
Photo 4: 53 S Queen Street in Kitchener: 311 - Downtown/Rockway/S. Ward Store with Apt/Office for sale (3 - Kitchener West) : MLS®# 40768063
Photo 5: 53 S Queen Street in Kitchener: 311 - Downtown/Rockway/S. Ward Store with Apt/Office for sale (3 - Kitchener West) : MLS®# 40768063
Photo 6: 53 S Queen Street in Kitchener: 311 - Downtown/Rockway/S. Ward Store with Apt/Office for sale (3 - Kitchener West) : MLS®# 40768063
Photo 7: 53 S Queen Street in Kitchener: 311 - Downtown/Rockway/S. Ward Store with Apt/Office for sale (3 - Kitchener West) : MLS®# 40768063
Photo 8: 53 S Queen Street in Kitchener: 311 - Downtown/Rockway/S. Ward Store with Apt/Office for sale (3 - Kitchener West) : MLS®# 40768063
Photo 9: 53 S Queen Street in Kitchener: 311 - Downtown/Rockway/S. Ward Store with Apt/Office for sale (3 - Kitchener West) : MLS®# 40768063
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
40768063
DEVELOPMENT POTENTIAL – DOWNTOWN KITCHENER. Exceptional opportunity located in the heart of downtown Kitchener at the corner of Queen Street South and Charles Street East. This property offers SGA-2 zoning, providing significant development potential in one of Kitchener’s most dynamic growth areas. Located in close proximity to City Hall, Conestoga College’s Downtown Campus, the courthouse, Museum, and numerous shops, restaurants, and amenities and directly across from the LRT line, this site offers unmatched visibility and accessibility. The main floor of the building is currently leased to a stable commercial tenant, while the upper level contains two self contained 4-bedroom apartments—each with a dedicated exterior stairwell and no lodging license required. This property is ideally suited for builders, developers, or investors looking to capitalize on downtown Kitchener’s rapid urban growth. With immediate revenue potential and remarkable development upside, this is a premier investment opportunity in one of Ontario’s most dynamic urban centers.
Property Type:
Commercial Sale
Property SubType:
Store with Apt/Office, Building Only
Listing General Location:
311 - Downtown/Rockway/S. Ward, 3 - Kitchener West
Bedrooms:
0
Bathrooms:
- (Full:-/Half:-)
Washrooms:
6
Lot Details:
35 x 100
Lot Depth:
100'
Lot Frontage:
35'
Frontage Type:
South
Kitchens:
0
County Or Parish:
Waterloo
Features:
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Construction:
Aluminum Siding, Stucco, Vinyl Siding
Basement:
Full
Foundation:
Concrete Block, Poured Concrete
Number of Storeys:
2
Total Floor Area:
6,500 sq. ft.
Office/Apt Area:
3,500 sq. ft.
Retail Area:
3,000 sq. ft.
Fireplace:
false
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
false
No
From King street, turn onto Queen Street S to Charles street.
No
Features:
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Zoning:
SGA-2
Lot Site Features:
City Lot, High Traffic Area, Highway Access, Hospital, Public Transit
Features:
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
# Of Total Parking Spaces:
3.0
Road Frontage Type:
Municipal Road
# Commercial Doors:
0
Num Apartment Units:
0
Num Bachelor Units:
0
Num Efficiency Units:
0
Num Loft Units:
0
Num Other Units:
0
Num Penthouse Units:
0
Num Residential Units:
0
Num Studio Units:
0
Listed Date:
Sep 09, 2025
  • Photo 1: 53 S Queen Street in Kitchener: 311 - Downtown/Rockway/S. Ward Store with Apt/Office for sale (3 - Kitchener West) : MLS®# 40768063
    Potential development potential. SGA-2 zoning allows for up for a 6 story building. See zoning documents in supplements
  • Photo 2: 53 S Queen Street in Kitchener: 311 - Downtown/Rockway/S. Ward Store with Apt/Office for sale (3 - Kitchener West) : MLS®# 40768063
    View of building location at intersection of Queen Street South and Charles Street East. City parking garage is located directly behind the building.
  • Photo 3: 53 S Queen Street in Kitchener: 311 - Downtown/Rockway/S. Ward Store with Apt/Office for sale (3 - Kitchener West) : MLS®# 40768063
    Front of building facing along Queen Street East with Development potential located at intersection of Queen Street South and Charles Street East.
  • Photo 4: 53 S Queen Street in Kitchener: 311 - Downtown/Rockway/S. Ward Store with Apt/Office for sale (3 - Kitchener West) : MLS®# 40768063
    View of asphalt street with sidewalks, curbs, traffic lights, and street lights
  • Photo 5: 53 S Queen Street in Kitchener: 311 - Downtown/Rockway/S. Ward Store with Apt/Office for sale (3 - Kitchener West) : MLS®# 40768063
    View of building location at intersection of Queen Street South and Charles Street East.
  • Photo 6: 53 S Queen Street in Kitchener: 311 - Downtown/Rockway/S. Ward Store with Apt/Office for sale (3 - Kitchener West) : MLS®# 40768063
    GRT Transit directly across the street from property
  • Photo 7: 53 S Queen Street in Kitchener: 311 - Downtown/Rockway/S. Ward Store with Apt/Office for sale (3 - Kitchener West) : MLS®# 40768063
    View of Charles street along edge of property with GRT transit stop conveniently located steps away from property.
  • Photo 8: 53 S Queen Street in Kitchener: 311 - Downtown/Rockway/S. Ward Store with Apt/Office for sale (3 - Kitchener West) : MLS®# 40768063
    View of side of building facing Charles street East.
  • Photo 9: 53 S Queen Street in Kitchener: 311 - Downtown/Rockway/S. Ward Store with Apt/Office for sale (3 - Kitchener West) : MLS®# 40768063
    Aerial view of property's location
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Listed by KELLER WILLIAMS INNOVATION REALTY
Data was last updated November 29, 2025 at 05:50 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$1,447,000
Min list price:
$1
Max list price:
$3,995,000
Avg days on market:
48
Min days on market:
7
Max days on market:
240
Avg price per sq.ft.:
$351.55
These statistics are generated based on the current listing's property type and located in 3 - Kitchener West. Average values are derived using median calculations. This data is not produced by the MLS® system.
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