575 RIVERBEND DRIVE, Kitchener

$7,995,000

For sale: Other

Other at 575 RIVERBEND DRIVE, Kitchener
Property type
Office
MLS®
MLS® X13485828

UP TO 30% VTB AVAILABLE FOR APPROVED BUYER. 37,000sf OFFICE BUILDING LOCATED BETWEEN 2 HWY EXITS. EXPRESSWAY VISABILITY. Drive-in door onsite. Ideal for Research and Development, Office/Industrial, Tech, Computer electronic and data processing, Lab, certain manufacturing, logistics and transportation possibilities. Additional - Potential for 30,000sf Office or 40,000sf Industrial expansion on the property. 5 minutes to Waterloo, 15 minutes to Guelph and Cambridge. 5/1000 parking. Other uses include - sales center, restaurant, fitness center, yoga studio, printing or publishing establishment, general office users, professional office user plus a variety of Industrial uses. High profile and attractive office building in the Riverbend office node. This attractive gleaming-glass building provides an open floor plan and abundance of natural light. Easy access for employees to be close to restaurants and coffee amenities. Ample onsite parking and an elevator in the building. Scenic views are sure to impress anyone who chooses to make this their future work space.

Sold data

Homes in Kitchener — recent sold market

Homes in Kitchener took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 38, across 504 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.

The median sale price was $649,000.

Homes sold for about 1.3% below asking on average, so there was room to negotiate.

About 37% of sales closed above the list price.

Around 17% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$649,000
Sale-to-list ratio
98.7%
Sold above asking
37%

Based on 504 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Kitchener

Kitchener has 66 Fraser Institute–rated schools (57 elementary and 9 secondary), averaging 5.8/10.

Rated schools
66
Elementary
57
Secondary
9
Average rating
5.8 / 10

Top-rated schools in Kitchener

  • David Saint-Jacques — secondaryFraser rating 8.4/10
  • St. Josephine Bakhita — elementaryFraser rating 7.9/10
  • J W Gerth — elementaryFraser rating 7.7/10
  • Pope John Paul II — elementaryFraser rating 7.6/10
  • St Teresa — elementaryFraser rating 7.6/10
  • Cameron Heights — secondaryFraser rating 7.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 575 RIVERBEND DRIVE