1020 King ST E, Kitchener, ON N2G 2M9
1020 King ST E, Kitchener, ON N2G 2M9
1020 King ST E, Kitchener, ON N2G 2M9
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Paul Shantz

Paul Shantz

+1(519) 829-8656
$1,100,000
Est. payment /mo
1,623 SqFt
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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,623 sqft

Price per Sqft $677

MLS Listing ID X13637474

Annual Tax Amount $15,400

Tax Year 2025

Property Sub-Type Office

Property Description

MODERN COMMERCIAL SPACE WITH DUAL INCOME STREAMS! Positioned along the rapidly evolving King Street East corridor, just minutes from Downtown Kitchener, this beautifully restored commercial property presents a rare opportunity to own a move-in-ready investment in one of the city's most active growth areas. Extensively renovated throughout, the building blends timeless character with contemporary design, showcasing exposed brick, rich hardwood flooring, and an open-concept layout designed to inspire collaboration and productivity. The main floor is currently configured as a stylish professional office, complete with a private boardroom, making it ideal for a wide range of business uses. Upstairs, a fully tenanted two-bedroom residential apartment provides reliable income, currently rented for $1,550 per month inclusive of utilities. An additional revenue stream comes from the prominent exterior billboard, leased to Pattison Signs, generating approximately $4,800 annually. Designed with flexibility in mind, the property features separate mechanical systems, including two furnaces, two air conditioners, and two hot water heaters, allowing for efficient operation of both the commercial and residential spaces. A full basement offers exceptional storage, while the newly paved parking area provides five on-site parking spaces, complemented by two municipal parking spaces directly in front of the building. With dual driveway access, including a private entrance and shared access from King Street-ingress and egress are both convenient and practical. Offering exceptional visibility, multiple income sources, and a polished, turnkey interior, this is a standout opportunity for investors, entrepreneurs, or owner-occupiers.

Location

Province ON

County Waterloo

Area Waterloo

Interior

Cooling Yes

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 35.0

Lot Depth 100.0

Others

Security Features Partial

ParcelsYN No

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Listed by RE/MAX TWIN CITY FAISAL SUSIWALA REALTY

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Paul Shantz
Paul Shantz

Agent License ID: 6008661

+1(519) 829-8656

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1020 King ST E

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