85 King Street W Kitchener, Ontario N2G 1A7
$1,049,800
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. (id:61445)
Property Details
| MLS® Number | 40822727 |
| Property Type | Other |
| AmenitiesNearBy | Hospital, Public Transit |
| CommunityFeatures | High Traffic Area |
Building
| BasementType | Full |
| ExteriorFinish | Brick |
| StoriesTotal | 3 |
| SizeExterior | 2400.0000 |
| SizeInterior | 2400 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Hospital, Public Transit |
| Sewer | Municipal Sewage System |
| SizeFrontage | 20 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Sga-2 (1)(2) |
https://www.realtor.ca/real-estate/29693952/85-king-street-w-kitchener
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Anelia Bakalova
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33-620 Davenport Rd
Waterloo, Ontario N2V 2C2
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May 04 2026 02:41:24
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