











1/13601 LANCASTER Street W Unit# Quonset, Kitchener, ON N2K1M5
Price on request
637 SF
Asset Class
Specialty
Size
637 SF
Building class
B
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
91%
Flexible Commercial Shop/Warehouse Space for Lease – Prime Lancaster St. W Location. Excellent opportunity to lease 1,200 sqft of versatile commercial space in a highly accessible Kitchener location. This unique quonset-style building features 900 sqft on the main level plus a 300 sqft mezzanine, making it ideal for a variety of commercial, office, warehouse, and service-based businesses. The space offers a large drive-in bay door for easy loading and unloading, spray foam insulation, concrete floors, heat, hydro, water and on-site parking for up to three vehicles. A washroom is included, and the flexible layout provides ample room for office, storage, inventory, or light commercial operations. Ideally suited for contractor offices with indoor storage, e-commerce and distribution businesses, print and sign companies, technology firms, research and development, commercial offices, and other permitted commercial uses. Conveniently located on Lancaster Street West with quick access to Highway 7/8, Highway 85, downtown Kitchener, Waterloo, and the surrounding Region of Waterloo. Contact the listing agent for permitted uses, lease details, and to arrange your private viewing. Can be combined with MLS #40834812 (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$77K
Annual cash flow
$-6K
Cash-on-cash
-1.26%
DSCR
0.93
Going-in cap
5.16%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
| Tenant | Area | Expiry |
|---|---|---|
| Meridian Health Group | 400 SF | 2031-02 |
| Meridian Health Group | 400 SF | 2031-02 |
| Meridian Health Group | 400 SF | 2031-02 |
| Meridian Health Group | 400 SF | 2031-02 |
Trade area within 3 miles of the property.
Population
81,333
Households
31,562
Median income
$90,000
Median age
43.7
Daytime population
121,448
5-yr growth
0.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 601 LANCASTER Street W Unit# Quonset, Kitchener.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.