For Sale

612 KING Street, Kitchener, Ontario N2G2M1

$1,499,000

612 KING Street, Kitchener, Ontario N2G2M1 is For Sale and has a listing price of 1,499,000. The property is located in the King East neighbourhood. It's been on the website for 23 Days.

  • Other
    Property Type
  • MLS ID: 40689671
  • Office Name KELLER WILLIAMS INNOVATION REALTY
Property Description

*Rare Opportunity for Property Ownership in Kitchener’s SGA-2 Zone!* Location, location! This exceptional property offers a prime investment opportunity with strong potential for urban redevelopment. Don’t miss this incredible chance to own a fully renovated commercial property on Main Street, Kitchener. *Key Features:* – Over $400,000 spent on upgrades – Successfully running Bar & Lounge – Established client base – Updated 2-bedroom apartment for extra income – Fantastic exposure and ample parking – Multi-use property *SGA-2 Zone Benefits:* – Mid-rise growth zone (up to 8 storeys) – Mixed residential and non-residential uses – Strategic Growth Area A or B designation in the City of Kitchener Official Plan *A Smart Investment Opportunity!* Contact us to learn more about this exceptional property and make it yours today! (id:43137)

Property Details
  • MLS ID: 40689671
  • Price: $1,499,000
  • Transaction Types: For Sale
  • Ref ID: 27865732
  • Year Built: N/A
  • Property Type: Other
  • Property Type: Condo
  • Property Sub Category: Locker and Other
Price History
List Date MLS ID List Price Status End Date Closed Price
01/31/2025 40689671 $1,499,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
King East
  • $950,358 Average List Price
    based on 1 year
  • 8 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 22.91 % Up
  • Sold (12mo) 6
  • Rented (12mo) 30

  • 1 Month Change -38.5%
  • 3 Month Change -11.3%
  • 6 Month Change -62.4%
Walkscore
  • 96 Walk Score
    Walker's Paradise
  • 64 Transit Score
    Good Transit
  • 73 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    31.05%
  • Commercial
    17.85%
  • Condo
    50.61%
  • Land for Sale
    0.49%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 Full
  • Water Municipal Water
  • Property Features Visual Exposure, Southern Exposure
  • Fireplace False
  • Security Alarm System
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 31/01/2025 00:00:00
  • Zoning Y
  • Agent Name: Michael Afley Tewelde
  • Address Subdivision: 212 - Downtown Kitchener/East Ward
  • Last Updated: 01/02/2025 05:10:45
Open House Dates
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