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For saleMLS® X13762164

257 Manitou Drive, Kitchener, ON N2C 1L4

$4,300,000

$271 / sq ft

1 months on market

Total area
15,846 sf
Lot
179 × 253.19 ft

What's special

  • Outside/surface garage
  • Partial

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About this property

Exceptional opportunity to acquire a 15,846 SF freestanding industrial building on a prominent 1.0-acre site with outstanding exposure along Manitou Drive in Kitchener. Ideal for both owner-occupiers and investors, the property offers approximately 12,300 SF of move-in ready space available for owner use while benefitting from an existing month-to-month tenant occupying approximately 3,500 SF, providing in-place income. The building can be demised to accommodate multiple users or future leasing strategies, offering excellent flexibility and value-add potential. Property features include EMP-2 zoning, 12'-16' clear height, 3 drive-in loading doors, a clear Phase II ESA and BCA completed, ample on-site parking, and excellent access to Highways 8 and 401. This is a rare opportunity to secure a highly visible freestanding industrial asset in one of Kitchener's most established industrial corridors. **INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**

Property details

Property

Property type
industrial
Interior size
15,846 sq ft
Lot size
179 × 253.19 ft
Zoning
EMP-2
Possession
Immediate

Interior

Heating
Gas Forced Air Open
Cooling
Partial

Exterior & services

Garage
Outside/Surface
Sewer
Sanitary+Storm

Costs

List price
$4,300,000
Property taxes
$24,784 / year (2026)
Price per sq ft
$271

Listing

MLS® number
X13762164
Status
For sale
Listed
September 9, 2026
Days on market
56
Last updated
September 9, 2026
Listing brokerage
CBRE LIMITED

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

Mortgage estimate

Down payment20.0% · minimum $860,000
$860,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$19,020.35
Property tax (est.)
$2,065.37
Estimated monthly
$21,086

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$93,975
Total due on closing
$93,975

An estimate on the asking price of $4,300,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CBRE LIMITED. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$4,300,000

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