745 King Street
Kitchener, ON
- 4,166 sqft
- Commercial Retail
- 87 days on market
PRIME MIXED USE INVESTMENT OPPORTUNITY ON KING ST E. Enjoy unparalleled high exposure and high traffic visibility at this prime mixed-use corner property situated at the intersection of King Street East and Stirling Avenue. This robust investment property generates over $101,000 in gross annual revenue and offers a rare combination of strong cash flow today and exceptional future redevelopment potential. The main floor commercial space, anchored by a long-term tenant, encompasses approximately 2,166 sq. ft. and extends into a fully functional lower level with a convenient walkout to a second parking area. The commercial space was extensively renovated in 2019 and benefits from exceptional exposure along one of Kitchener's busiest corridors. For owner operators and investors alike, the commercial unit is available for vacant possession, creating a unique opportunity for end users seeking a highly visible location. Further enhancing the property's appeal are 2 separate parking lots, one accessed from King Street and the other from Stirling Avenue, providing ample parking for customers, staff, and residents. The commercial tenant currently pays utilities and property insurance, helping to keep landlord's operating costs remarkably low. The upper levels feature three residential apartments consisting of two 1-bedroom units and one 2-bedroom unit, providing stable income with significant upside potential upon future tenant turnover. Ideally located within walking distance to the ION LRT and positioned within Kitchener's growing downtown development corridor, this property offers investors the rare opportunity to secure both immediate cash flow and long-term land development potential. Opportunities that combine strong income, future redevelopment possibilities, and vacant possession of commercial space are seldom available in today's market. Incredible Investment Opportunity.
Listing Details
- Taxes (2025)
- $22,080
- Listed
- June 24, 2026
Price History
Property
- Lot Size
- 80 x 147.33 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- KING ST E/STIRLING AVENUE
- Zoning
- c5
- Parcel Number
- 225090134
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Exclusions
- TENANT BELONGINGS.
- Rental Items
- Alarm System
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
Commercial in Kitchener · last 12 months
- Median sold price
- $666,500
- Homes sold
- 1,906
- Median days on market
- 20
- Sale-to-list price
- 100.9%
Based on 1,906 recorded sales of commercial properties in Kitchener over the last 12 months.
Listed by
RE/MAX TWIN CITY FAISAL SUSIWALA REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 4,166 sq ft
- Price per sq ft
- $288.05
- Annual property tax
- $22,080
- Tax per sq ft
- $5.30
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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