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RAJ SHARMA

Sales Representative
Homelife/Miracle Realty Limited,Brokerage, Brokerage Independently owned and operated. 821 Bovaird Dr W, , Brampton, Ontario L7A1Z4 Cell: 905 598 8400Office: 905 598 8400Fax: 905 458 1220

$3,400,000
Available - For Sale
Listing ID: X12443239
Kitchener, Waterloo


Located in the heart of Kitchener-Waterloo, 137 King Street presents a rare investment opportunity that blends historic charm with modern potential. Ideally situated and already significantly developed, this property is perfectly positioned for an investor ready to bring a distinctive vision to life with minimal hurdles. Much of the heavy lifting has already been done, allowing the next owner to focus on final finishes and interior design. The second and third floors house 12 loft-style residential units, offering soaring ceilings and spacious layouts across a total of 10,471 sq ft. These units are framed, nearly ready for drywall, and feature plumbing rough-ins close to completion-saving time and reducing development costs. The ground floor adds another layer of value, featuring three commercial units totaling 5,285 sq ft. These spaces offer strong leasing potential, making the building well-suited for a mixed-use strategy that appeals to both residents and businesses. With 18 dedicated parking spaces-and potential to secure more nearby-the property delivers the accessibility needed for modern urban tenants. Altogether, 137 King Street offers a compelling blend of character, functionality, and income-generating potential in one of the region's most dynamic urban cores.
Price $3,400,000
Taxes: $20972.31
Tax Type: Annual
Occupancy: Vacant
Province/State: Waterloo
Legal Description: PT LT 5 S/S KING ST, 6 S/S KING ST PL 36
Directions/Cross Streets: King St & Benton St - access from King St E
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: F
Total Area: 19582.00
Total Area Code:  Square Feet
Area Influences: Public Transit  
Washrooms: 0
Rail: N
Soil Test: Environmenta
Heat Type: None
Central Air Conditioning: No
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
Personal Picture
RAJ SHARMA
Sales Representative
Dir:
905 598 8400
Bus:
905 598 8400
Fax:
905 458 1220
 
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At a Glance:
Type: Com - Investment
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $20,972.31
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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