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Home ON Kitchener - Cambridge - Waterloo Kitchener King East
686 KING Street E
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686 KING Street E $1,450,000
$1,450,000
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686 KING Street E
Kitchener, Ontario N2G2M3

MLS® Number: 40731257
2
Bedrooms
2
Bathrooms
2850
Square Feet

Listing Description

LOCATION IS EVERYTHING! Excellent investment opportunity in a prime central location on King Street East in Downtown Kitchener. This fully leased (all leases month to month), mixed-use property features a high-visibility commercial frontage currently occupied by a barbershop, plus four well-maintained residential units. The site includes 11 parking spaces. Zoned MU-2 (Mixed Use), the property allows for a wide range of commercial and residential uses and strong potential for urban redevelopment. 2024 hydro: $2718.22 2024 Water and Gas: $4002.30 Repairs and Maintenance 2024: $4297.63 (69095975)

Location Description

Corner of King St And Fairview

Property Summary

Property Type
Multi-family
Storeys
2
Square Footage
2850 sqft
Subdivision Name
212 - Downtown Kitchener/East Ward
Title
Freehold
Land Size
under 1/2 acre
Built in
1902
Annual Property Taxes
$11,484.35
Total Parking Spaces
11
Time on REALTOR.ca
32 days

Building

Bathrooms
Total
2
Interior Features
Basement Type
Full (Partially finished)
Building Features
Features
Paved driveway
Construction Material
Wood frame
Rental Equipment
Water Heater
Total Units
5
Heating & Cooling
Cooling
Wall unit
Heating Type
(Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Wood
Neighbourhood Features
Amenities Nearby
Public Transit, Shopping
Parking
Total Parking Spaces
11

Measurements

Square Footage
2850 sqft
Above Grade Finished
1900 sqft
Source: Other
Below Grade Finished
950 sqft
Source: Other

Land

Lot Features
Frontage
50 ft
Land Depth
110 ft
Other Property Information
Zoning Description
MU-2, 541R
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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