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496 KING Street

496 KING Street

Kitchener, Ontario

1,830 sqft • Other

$1

Exceptional opportunity to own a versatile mixed-use building in the heart of Downtown Kitchener along the vibrant King Street East corridor. This high-exposure property benefits from strong pedestrian and vehicular traffic, making it ideal for a wide range of commercial uses. The main floor features a bright, street-facing commercial space, previously operated as a hair salon, offering excellent visibility and signage potential—perfect for retail, service-based businesses, or professional offices. The upper level includes a self-contained residential apartment, providing an excellent opportunity for owner-occupancy, rental income, or live/work flexibility. Situated in a rapidly growing urban hub, this property is just minutes from Downtown Kitchener amenities including restaurants, cafes, retail shops, LRT transit, and major employers. The location also offers convenient access to public transit, nearby hospitals, and key commuter routes, enhancing both business exposure and residential appeal. With flexible zoning allowing for a variety of commercial and residential uses, this property is ideal for entrepreneurs, investors, or end-users looking to establish themselves in one of Kitchener’s most dynamic and evolving areas.

Price History

Schools

Secondary

  • Cameron Heights Collegiate Institute0.2 km

    Public · Waterloo Region DSB · 1765 students

    Grade 10 literacy: 90% met the provincial standard

  • Eastwood Collegiate Institute1.8 km

    Public · Waterloo Region DSB · 1270 students

    Grade 10 literacy: 84% met the provincial standard

  • Kitchener Waterloo Collegiate and Vocational School2.5 km

    Public · Waterloo Region DSB · 1650 students

    Grade 10 literacy: 88% met the provincial standard

Elementary

  • Courtland Avenue Public School0.7 km

    Public · Waterloo Region DSB · 270 students

  • Sheppard Public School0.7 km

    Public · Waterloo Region DSB · 365 students

    Grade 3 reading: 82% met the provincial standard · Grade 6 math: 60% met the provincial standard

  • Suddaby Public School0.7 km

    Public · Waterloo Region DSB · 505 students

    Grade 3 reading: 67% met the provincial standard · Grade 6 math: 58% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N2G

Population
14,580
Private dwellings
8,284
Median age
38
Average household size
1.8
Median household income
$62,400

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Other in Kitchener · last 12 months

Median sold price
$665,000
Homes sold
1,923
Median days on market
20
Sale-to-list price
101.0%

Based on 1,923 recorded sales of other properties in Kitchener over the last 12 months.

Walk Score

97

Walk

64

Transit

76

Bike

Scores by Walk Score®

Location

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Estimated Monthly Payment

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Investment Analysis

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Mortgage: $0/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $0/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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