4611 King Street East

The Property is located on King Street East, just beyond the on/off ramp for HWY 401. The immediate area around the Property is predominately commercial properties, with both residential and industrial uses in the surrounding area. The Property is well positioned to draw customers from around the Region as it is located directly off HWY 401.

The subject Property is designated COM-3 (Arterial Commercial). This corridor along King Street East will see Phase 2 of the ION LRT from Kitchener-Waterloo to Cambridge. Two properties, 4396 King Street East and 4220 King Street East, along this corridor are going through Official Plan amendments to rezone from COM-3 to Mixed Use. Given Phase 2 of the ION LRT is planned to go through this section of King Street East coupled with 2 other properties that are going through Official Plan amendments, the Property is well situated for a mixed-use development.

The total site area of the Property is 1.823 acres with 237.00 feet of frontage on King Street East. The property is currently vacant and unimproved.