161 VICTORIA Street
Kitchener, Ontario
2,723 sqft • Other
Turnkey Strategic Asset in High-Growth Corridor. Position your portfolio for long-term success with 161 Victoria Street South. Located in the heart of Kitchener's booming downtown core, this completely redeveloped mixed-use building represents a rare, low-maintenance investment with incredible future holding potential. Boasting full municipal approvals, the building consists of two dedicated levels of commercial use and a premium two-storey residential loft apartment. Fully updated mechanicals, modern finishes, and separate entries make leasing a breeze. Enjoy steady, premium rental income while holding land in an area experiencing massive high-density intensification. Situated amidst the city’s premier major condo hubs and transit networks, the foot traffic and visibility here are unmatched. Perfect for a hands-off investor or a buyer looking to secure a foothold in one of Canada's most dynamic real estate markets. Inquire today for zoning details and income projections!
Price History
Property
- Lot Size
- 0.11 acres
Schools
Elementary
- St John Catholic Elementary School0.6 km
Catholic · Waterloo CDSB · 460 students
Grade 3 reading: 44% met the provincial standard · Grade 6 math: 43% met the provincial standard
- King Edward Public School0.7 km
Public · Waterloo Region DSB · 380 students
Grade 3 reading: 55% met the provincial standard · Grade 6 math: 30% met the provincial standard
- J F Carmichael Public School1 km
Public · Waterloo Region DSB · 485 students
Grade 3 reading: 72% met the provincial standard · Grade 6 math: 33% met the provincial standard
Secondary
- Kitchener Waterloo Collegiate and Vocational School1 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% met the provincial standard
- Cameron Heights Collegiate Institute1.7 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 90% met the provincial standard
- Forest Heights Collegiate Institute3 km
Public · Waterloo Region DSB · 1555 students
Grade 10 literacy: 86% 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
Office in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,925
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,925 recorded sales of office properties in Kitchener over the last 12 months.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Mortgage Calculator
$239,999
Estimated Monthly Payment
$5,895
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $5,895/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $300/mo
Estimates only. Consult a financial advisor.
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