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525 NEW DUNDEE Road Unit# B, Kitchener, Ontario, N2P 2L1

MLS® # 40396907
Commercial For Sale In Doon South, Kitchener, Ontario
$900,000
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
525 New Dundee Road Unit# B, Kitchener, ON
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ACTIVE
525 NEW DUNDEE Road Unit# B, Kitchener, Ontario, N2P 2L1
$900,000

Property Information:

Freehold Retail space available on New Dundee Road in the Rainbow Lake condominiums. 2222 square feet of shell on the ground floor with high windows and lots of natural light. Unit B has high windows on both ends of the unit with rear door access for natural light coming in two sides! This unit has high ceilings, approximately 11' clear! Floors have not been poured to allow for routing of electrical and plumbing specific to the Buyer's needs - a blank palette to build exactly as you want/need! Retail, Professional Office, Food Services, Pharmacy, Personal Services, and Health, and Fitness are examples of use for this property. All services roughed into the property. Located only 1 minute from the 401 and Homer Watson Blvd, this unit has high traffic and high visibility with minimal commercial in the immediate area due to GRCA land protections - making your business stand out. With the expansion of residential in this area and approximately 450 clientele and/or customers within Rainbow Lake Condominiums, this is the perfect retail space for your business! Don't miss out on this opportunity! (id:27)

Building Features:

  • Style: Retail
  • Basement Type: None
  • Construction Style - Attachment: Attached
  • Fire Protection: Smoke Detectors
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Retail
  • Access Type: Road access, Highway access
  • Built in: 2023
  • Features: Conservation/green belt
  • Floor Space (approx): 2222.00
  • MaintenanceFee Type: Insurance, Common Area Maintenance, Landscaping
  • Sign Type: Unknown
  • Utility Type: Natural Gas - Available
  • Zoning: COM 3
  • Sewer: Municipal sewage system

Courtesy of: Corcoran Horizon Realty

REALTOR.ca  

Location of 525 NEW DUNDEE Road Unit# B, Kitchener, Ontario, N2P 2L1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

34 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

34 hot days expected in 2050

53/100

High

ClimateCheck®

Current data

This property, 525 NEW DUNDEE Road Unit# B , experiences 7 hot days per year at around 30.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
30.9℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

63/100

ClimateCheck®

Current data

This property, 525 NEW DUNDEE Road Unit# B , experiences 11 significant 2-day storms per year, with about 323.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 400.8mm of precipitation per year.

Precipitation Per Storm

Past
323.3mm
2050
400.8mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 525 NEW DUNDEE Road Unit# B, Kitchener, Ontario, N2P 2L1

Life Stage

Middle-Aged with Teens

Employment Type

Service Sector/White Collar

Average Household Income

$154,955.24

Average Number of Children

1.98

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.4 %

High school certificate or equivalent

22.27 %

Apprenticeship trade certificate/diploma

4.11 %

College/non-university certificate

18.74 %

University certificate (below bachelor)

2.5 %

University Degree

35.38 %

Commuter

Travel To Work

By Car

94.26 %

By Public Transit

1.84 %

By Walking

0.84 %

By Bicycle

0.0 %

By Other Methods

3.05 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

5.14 %

Houses

94.48 %

Own Vs. Rent