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5 Paulander Drive
323 - Victoria Hills Kitchener N2M 5B6

$1,700,000
Commercial Sale

Main Photo: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 1: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 2: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 3: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 4: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 5: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 6: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 7: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 8: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 9: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 10: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 11: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 12: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 13: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 14: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 15: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 16: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 17: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 18: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 19: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 20: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 21: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 22: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 23: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 24: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Photo 25: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
40855845
Excellent industrial investment and development opportunity in Kitchener, ideally situated near the Kitchener-Waterloo border with convenient access to both cities. The property features approximately 6,530 sq. ft. of existing industrial and office space, configured as four individual units of approximately 1,630 sq. ft. each. Each unit is arranged over two levels and offers a practical combination of approximately 815 sq. ft. of office space and 815 sq. ft. of light industrial/warehouse space, providing flexibility for a wide range of businesses and tenants. All four units feature their own drive-in door along with two washrooms—one serving the office area and a second within the warehouse space. The property offers an attractive opportunity for an investor looking for established rental income, an owner/user wanting to operate their business while benefiting from income generated by the remaining units, or a buyer looking for future expansion potential. The building has been well maintained, with a newer tar-and-gravel roof and most HVAC units replaced as required over time. Zoned EMP-2, this is a versatile industrial property offering existing income and functional space in an excellent Kitchener-Waterloo location.
Property Type:
Commercial Sale
Property SubType:
Building and Land
Year built:
1990 (Age: 36)
Listing General Location:
323 - Victoria Hills, 3 - Kitchener West
Bathrooms:
- (Full:-/Half:-)
Washrooms:
8
Lot Details:
189.43 x 111.63
Lot Depth:
111'7½"
Lot Frontage:
189'5"
Kitchens:
0
County Or Parish:
Waterloo
Taxes:
Features:
Attached Garage: No, Crops Included: No, Garage: No, Common Elements Fee: No, Crane: No, New Construction: No
Construction:
Brick
Basement:
Full
Foundation:
Block
Number of Storeys:
2
Total Floor Area:
6,530 sq. ft.
Industrial Area:
6,530 sq. ft.
Office/Apt Area:
3,265 sq. ft.
Retail Area:
0 sq. ft.
Electricity:
Single Phase, 100 Amp Service, 550 Volts
Fireplace:
false
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
false
No
Victoria St S to Lawrence Ave, Paulander meets both Lawrence Ave and Victoria St
No
Association Fee:
Association Fee Frequency:
Association Fee 2:
Association Fee 2 Frequency:
Administrative Fee:
Features:
Attached Garage: No, Crops Included: No, Garage: No, Common Elements Fee: No, Crane: No, New Construction: No
Road Access Fee:
Expenses:
Actual
Total Operating Costs:
T.M.I.
Zoning:
L1
Structures:
Industrial, Office
Total Acres:
21288
Lot Site Features:
None
Features:
Attached Garage: No, Crops Included: No, Garage: No, Common Elements Fee: No, Crane: No, New Construction: No
Parking:
Asphalt
# Commercial Doors:
1
Num Industrial Units:
4
Num Other Units:
0
Total Units:
Listed Date:
Aug 21, 2026
  • Photo 1: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
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  • Photo 3: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
    Property Aerial View. Illustrating the property's location and surrounding area with highlighted boundaries and dimensions
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  • Photo 14: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
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  • Photo 15: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
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  • Photo 16: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
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  • Photo 17: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
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  • Photo 18: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
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  • Photo 19: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
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  • Photo 20: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
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  • Photo 25: 5 Paulander Drive in Kitchener: 323 - Victoria Hills Building and Land for sale (3 - Kitchener West)  : MLS®# 40855845
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Listed by RE/MAX TWIN CITY REALTY INC.
Data was last updated August 21, 2026 at 11:50 PM (UTC)
Brian Santos