195, 197, 199 King Street E Kitchener, Ontario N2G 2K8
$1,799,000
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:39993)
Property Details
| MLS® Number | 40085647 |
| Property Type | Multi-family |
| Equipment Type | None |
| Features | Paved Driveway |
| Parking Space Total | 6 |
| Rental Equipment Type | None |
Building
| Bedrooms Total | 5 |
| Basement Type | None |
| Construction Style Attachment | Detached |
| Exterior Finish | Brick, Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Fireplace Present | No |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 7222 |
| Utility Water | Municipal Water |
Parking
| None |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 162 Ft |
| Size Frontage | 41 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | D1 |
https://www.realtor.ca/real-estate/22967987/195-197-199-king-street-e-kitchener
Interested?
Contact us for more information
Novak Nikolic
Salesperson
(519) 885-1251
https://www.facebook.com/novaknikolicchestnutparkwest/
https://www.linkedin.com/in/nikolickitchenerwaterloorealto/
https://twitter.com/NovakNikolic3
50 - 75 King Street South
Waterloo, Ontario N2J 1P2
(519) 804-7200
(519) 885-1251
www.chestnutparkwest.com
Lee S. Quaile
Broker of Record
(519) 885-1251
www.chestnutparkwest.com
www.facebook.com/lee.quaile
www.facebook.com/lee.quaile
twitter.com/InvestingInKW
50 - 75 King Street South
Waterloo, Ontario N2J 1P2
(519) 804-7200
(519) 885-1251
www.chestnutparkwest.com
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Kitchener-Waterloo Association of REALTORS®
Chestnut Park Realty Southwestern Ontario Ltd., Brokerage
April 13 2021 04:22:30
