446 Albert Street is comprised of ±11.66 acres, the site is improved by a ±108,000 square foot manufacturing, warehouse and office facility currently used by Steelcraft Incorporated for the manufacturing of containment products.

The opportunity offers its potential purchaser multiple development/acquisition scenarios within the heartland of the “High Tech” sector of Waterloo Region/Southwestern Ontario. Firstly, the ability to develop the existing excess land with potential for use of all or part of the existing building (facility) and/or secondly, the ability to redevelop the entire 11.66 acre site into a 292,000 SF high tech office/flex and 60,000 SF retail space campus style with the possibility of future residential development. The site can potentially take advantage of over ±$1.5 million in development charge credits and a potential +$1.3 million through the Brownfield Financial Incentive Program.