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1020 King Street E, Kitchener, ON N2G 2M9

Kitchener, ON, N2G 2M9

— Sq Ft
6 Parking
Office Type
X13637474 MLS#

About this property

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.

Features & Amenities

  • Garage: None
  • Cooling: Yes
  • Heat Type: Gas Forced Air Open

Property Details

Property Type Commercial
Property Sub-Type Office
Garage None
Parking Spaces 6
Heat Type Gas Forced Air Open
Cooling Yes
Annual Tax $15,400
Tax Year 2025

Building & Construction

Building Area Total
1623

Heating & Cooling

Heat Type
Gas Forced Air Open
Cooling
Yes

Parking & Garage

Garage Type
None
Parking Spaces
6

Lot & Land

Lot Size Units
Feet
Lot Depth
100.00
Lot Width
35.00

Community & Neighborhood

Community Features
Major Highway, Public Transit

Financial & Tax

Tax Annual Amount
$15,400
Tax Year
2025
Possession Type
Flexible
Possession Details
Flexible

Utilities & Services

Utilities
Yes

Additional Details

Occupant Type
Owner+Tenant
County Or Parish
Waterloo
Cross Street
OTTAWA ST N/KING ST E
Directions
OTTAWA ST N/KING ST E
Showing Requirements
Lockbox, Showing System

Location

1020 King Street E, Kitchener, ON N2G 2M9, Kitchener, ON, N2G 2M9

Listing courtesy of RE/MAX TWIN CITY FAISAL SUSIWALA REALTY
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