Address
195, 197, 199 KING Street E Kitchener, ON
Price
$ 1,799,000
Property Attributes
  • ML#40085647
  • TypeMulti-Family
  • CityKitchener
  • NeighbourhoodCity Commercial Core
  • Postal CodeN2G 2K8
  • StyleDetached
  • Price$ 1,799,000
  • Bedrooms5
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7222
Listing Provided Courtesy Of:
Novak Nikolic with Chestnut Park Realty Southwestern Ontario Ltd., Brokerage
Data Source:
RLP - CREA EN
Property Description

A fantastic opportunity waits for investors and developers a prime DTK location, King Street commercial frontage, and right around the corner from the LRT line. 195 King Street East is a mixed use (commercial and multi-residential) property of 0.15 acres in total area, which includes over 40 feet of frontage on Downtown Kitchener's primary King Street artery. The current use includes two commercial units on the ground level, in addition to four residential units on the upper floors. Waterloo Regions King Street corridor has experienced an explosion in demand for private residential dwellings over the past several years. New businesses and residential projects have populated the length of the LRT system, and demand continues to grow. Current zoning would permit the development of a medium scale residential or mixeduse project, with the potential for more as the city eases parking restrictions. (id:27)

General Features

Beds 5
Construction Style Detached
Features Paved driveway
Garage no
Listing Type Investment
Location Description Between Eby St and Benton St
More Information Link https://www.realtor.ca/real-estate/22967987/195-197-199-king-street-e-kitchener
Parking yes
Parking Spaces 6
Property Type Multi-family
Sewer Municipal sewage system
Terms SALE
Wheel Chair Access no
Zoning D1

Interior Features

Basement Type None
Bedrooms 5
Fireplace no
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Forced air

Exterior Features

Exterior Finish Brick, Vinyl siding
Lot Frontage 41.0
Parking Type None
Pool Y/N no

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in N2G 2K8

Price
AVG $1.8M
$1.8M
Visits
AVG 70
128
Walkscore
AVG 81
81
Data Provided by Walkscore ® not using MLS data