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$1,799,000
195, 197, 199 King Street E, Kitchener, ON N2G 2K8
5 Beds
0 Baths
7,222 sqft

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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:5764)
  • Price:
  • $1,799,000
  • Bedrooms:
  • 5
  • Square Footage:
  • 7,222
  • Listing ID #:
  • 40085647
  • Street Address:
  • 195, 197, 199 King Street E
  • City:
  • Kitchener
  • Province:
  • Ontario
  • Postal Code:
  • N2G 2K8
  • Subdivision:
  • 311 - Downtown/Rockway/S. Ward
  • Listing Status:
  • Active
  • Listing Type:
  • Multi-family
  • Number Of Units:
  • 2
  • Stories:
  • 3
  • Total Building Square Footage:
  • 7222
  • Road Frontage:
  • 41 Ft
  • Originating Mls:
  • Kitchener-Waterloo Association Of Realtors
  • Parking Spaces:
  • 6
  • Heating Fuel:
  • Natural Gas
  • Sewage Type:
  • Municipal Sewage System
  • Listing Provided By Chestnut Park Realty Southwestern Ontario Ltd.

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