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Listed price in listed location currency (CAD).
$1,049,800

000

MLS® 40822727

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 29
Lot Size 
Approx. Age 
MLS® Number 40822727

Property Address: 85 King St W, Kitchener, ON, N2G1A7

Average square foot calculated using Size range provided by listing agent.

Description

An outstanding opportunity to own a mixed-use building in downtown Kitchener, offering both immediate income and future potential. The property features a thriving main-floor restaurant along with two residential units above, creating a desirable blend of commercial and residential use. The main level includes a fully functional take-out restaurant with kitchen, two washrooms, and access to a spacious basement with storage and a walk-in cooler. The upper floors offer two self-contained apartments: one one-bedroom unit and one one-bedroom plus den with a cap rate of 6% based on asking price. Ideally located on King Street West, within walking distance to Google, the ION LRT, transit hub, City Hall, and everyday amenities, this property is well-positioned for investors seeking stable returns in a growing urban core.
MLS® Number40822727
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementFull
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $291,000 and $1,430,000.
Similar properties in this area sold on average for: $291,090
Expected to sell in 13 days. Similar properties sold in 42 days. This home has been on Zoocasa for 29 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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