612 KING Street E 212 - Downtown Kitchener/East Ward, Kitchener, Ontario, CA

Address: 612 KING Street E, Kitchener, Ontario

0 Beds0 Baths2500 sqftStatus: Buy
Price $999,999

Property Overview


Rare Opportunity in Kitchener’s SGA-2 Zone – Prime Redevelopment or Investment Property! Location, Location, Location! An unmatched opportunity awaits investors and developers in the heart of Kitchener’s high-growth Strategic Growth Area (SGA-2). This mixed-use commercial property sits on a high-exposure main street with generous zoning and exceptional redevelopment potential. Property Highlights: Over $400,000 in recent upgrades and improvements Operating Bar & Lounge with established clientele and income stream Updated 2-bedroom apartment above for added rental income Ample on-site parking and excellent street visibility Functional layout ideal for retail, hospitality, or professional use Zoned SGA-2 – allows for mixed-use, mid-rise development up to 8 storeys Strategic Growth Area A designation in the City of Kitchener Official Plan Located within a Major Transit Station Area (MTSA) – ideal for future urban intensification Zoning Benefits (SGA-2): Permits a wide range of commercial and residential uses Encourages mid-rise and mixed-use developments Supports transit-oriented growth in one of Kitchener’s most promising corridors Investment Potential: With significant capital improvements already completed and multiple income streams in place, this property offers strong holding income and excellent long-term upside. Whether you plan to redevelop, reposition, or land bank, this is a rare opportunity to secure a property in a prime growth node. Seller is motivated — bring a reasonable offer! Property being sold as is where is Don’t miss this rare opportunity to own a key property in one of Kitchener’s fastest-growing and most strategically located zones. Contact us today to learn more or arrange a private viewing. (id:51532)

 

Tags




Property Summary
Property Type
Other
Storeys
2
Square Footage
2500 sqft
Subdivision Name
212 - Downtown Kitchener/East Ward
Title
Freehold
Land Size
under 1/2 acre
Building
Interior Features
Basement Type
Full
Building Features
Features
Southern exposure, Visual exposure
Square Footage
2500 sqft
Rental Equipment
Water Heater
Fire Protection
Alarm system
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Public Transit
Land
Other Property Information
Zoning Description
SGA-2
Features
           Southern exposure            Visual exposure
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Your Home Finance Calculation

Property Price CA $999,999
Bank Loan Amount CA $0
Monthly Installment CA $0

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