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Home ON Kitchener - Cambridge - Waterloo Waterloo Region Kitchener City Commercial Core
137 KING STREET
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137 KING STREET $3,400,000
$3,400,000
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137 KING STREET
Kitchener, Ontario N2G2K8

MLS® Number: X12443239

Listing Description

Located in the heart of Kitchener-Waterloo, 137 King Street presents a rare investment opportunity that blends historic charm with modern potential. Ideally situated and already significantly developed, this property is perfectly positioned for an investor ready to bring a distinctive vision to life with minimal hurdles. Much of the heavy lifting has already been done, allowing the next owner to focus on final finishes and interior design. The second and third floors house 12 loft-style residential units, offering soaring ceilings and spacious layouts across a total of 10,471 sq ft. These units are framed, nearly ready for drywall, and feature plumbing rough-ins close to completion-saving time and reducing development costs. The ground floor adds another layer of value, featuring three commercial units totaling 5,285 sq ft. These spaces offer strong leasing potential, making the building well-suited for a mixed-use strategy that appeals to both residents and businesses. With 18 dedicated parking spaces-and potential to secure more nearby-the property delivers the accessibility needed for modern urban tenants. Altogether, 137 King Street offers a compelling blend of character, functionality, and income-generating potential in one of the region's most dynamic urban cores. (41391827)

Location Description

King St & Benton St - access from King St E

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Land Size
0.017 ac
Annual Property Taxes
$22,121.33
Total Parking Spaces
18
Time on REALTOR.ca
73 days

Building

Heating & Cooling
Cooling
None
Heating Type
No heat
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)
Neighbourhood Features
Amenities Nearby
Public Transit
Parking
Total Parking Spaces
18

Measurements

Square Footage
19582 sqft

Land

Lot Features
Frontage
75 ft ,6 in
Other Property Information
Zoning Description
D1
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