22 m
Distance
Opportunity to acquire the 11.248 acres, underneath Walmart at Kitchener's premier retail centre - Fairview Park Mall, leased long-term with approximately 75 years, inclusive of renewal options, remaining and expiring in 2100. The land is leased under a triple-net ground lease, subleased to Walmart, providing secure, predictable income with minimal management obligation and rent escalations through 2050, followed by market resets. Located within a Protected Major Transit Station Area, the site offers exceptional long-term redevelopment potential while delivering stable "bond-like" income today, backed by real estate. Ideal for investors seeking capital preservation, high-quality covenant income, and long-horizon land value in a prime corridor.
Listing By: Karl Nicholas Innanen - COLLIERS 
- MLS® 40794576
- Date Listed12/19/2025
- Days on Realty 168 Days
- Bedrooms -
- Bathrooms
- Lot Size 11.22 acres (488,743 sq. ft)
- County Waterloo
Exterior / Lot Features
- Roof -
- Lot Size Acres 11.22
- Lot Size SQFT 488,743.20
- Lot Features Urban, Ample Parking, High Traffic Area, Highway Access, Public Transit
Sales & Tax History
Source: Public Records
Local Neighborhood Highlights for N2C 1X1
Discover key demographics, population statistics, and environmental insights for the Kitchener, ON area.
72/100
Very Walkable
Walk Score ®
63/100
Good Transit
Transit Score ®
59/100
Bikable
Bike Score ®
Overview
Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.
Transit Summary
13 nearby routes: 12 bus, 1 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 39/100, Transit Score: 40/100, Bike Score: 45/100.
Points of Interest near 2922 Kingsway Drive, Kitchener ON N2C 1X1, Kitchener, ON N2C 1X1
Frequently Asked Questions for 2922 Kingsway Drive, Kitchener ON N2C 1X1
Source: Realty.com
2922 Kingsway Drive, Kitchener ON N2C 1X1, Kitchener, ON N2C 1X1 in Kitchener, ON N2C 1X1 is a commercial land listed at $13,900,000. Highlights include 11.22 acre lot. Realty.ca has 5 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 5 photos of 2922 Kingsway Drive, Kitchener ON N2C 1X1.
The full address for this home is 2922 Kingsway Drive, Kitchener ON N2C 1X1, Kitchener, ON N2C 1X1.
2922 Kingsway Drive, Kitchener ON N2C 1X1 has been listed on Realty.com since Fri December 19, 2025
Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 39/100, Transit Score: 40/100, Bike Score: 45/100.
Listing provided courtesy of:
Colliers
(tel: 519-570-1330)
Listing agent:
Karl Innanen
(tel: 519-904-7005)
This content last refreshed on 2026-06-05 14:40:58. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.