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150 VICTORIA Street

150 VICTORIA Street

Kitchener, Ontario

3,036 sqft • Retail

$1,399,000

Grossing over $112,000/Year. Welcome to 150 Victoria Street N, Kitchener — an exceptional opportunity to secure a high-exposure commercial property in one of the city’s most dynamic and rapidly growing areas. The property is located at a corner of a traffic light with large windows, excellent natural light and visibility as well as just 4 minutes drive to HWY 85. Perfectly positioned in a high-traffic location with strong pedestrian flow, this property is just steps from the VIA Rail Station (GO Transit), Google Headquarters, and Kitchener’s vibrant downtown core, surrounded by an abundance of amenities. This versatile two-storey building offers incredible flexibility for both investors and business owners. The main level is currently configured as office space but can easily accommodate a wide range of commercial uses. The upper level features four spacious office rooms, a large common lounge area, a kitchenette, one full washroom, and an additional powder room—ideal for professional or administrative operations. Zoned SGA-3, this property allows for a wide variety of permitted uses, making it a prime candidate for entrepreneurs looking to establish or expand their business. For developers and investors, the site also presents future redevelopment potential, with zoning permitting a building height of up to 24 metres. Adding to its appeal, the property includes ample on-site parking—an invaluable asset in the downtown core—and offers strong income potential, with estimated rental returns between $8,000–$10,000 per month. Whether you’re looking to invest, develop, or operate your business in a thriving urban hub, this is a rare opportunity you won’t want to miss.

Price History

Schools

Elementary

  • Margaret Avenue Public School0.4 km

    Public · Waterloo Region DSB · 310 students

  • Suddaby Public School0.9 km

    Public · Waterloo Region DSB · 505 students

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

  • King Edward Public School1.1 km

    Public · Waterloo Region DSB · 380 students

    Grade 3 reading: 55% met the provincial standard · Grade 6 math: 30% met the provincial standard

Secondary

  • Kitchener Waterloo Collegiate and Vocational School1.4 km

    Public · Waterloo Region DSB · 1650 students

    Grade 10 literacy: 88% met the provincial standard

  • Cameron Heights Collegiate Institute1.5 km

    Public · Waterloo Region DSB · 1765 students

    Grade 10 literacy: 90% met the provincial standard

  • Bluevale Collegiate Institute2.2 km

    Public · Waterloo Region DSB · 1115 students

    Grade 10 literacy: 88% 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 N2H

Population
22,456
Private dwellings
11,453
Median age
38.4
Average household size
2.1
Median household income
$73,500

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

Retail 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 retail properties in Kitchener over the last 12 months.

Location

Mortgage Calculator

$279,800

Estimated Monthly Payment

$6,873

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $6,873/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $350/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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