1020 King Street
Kitchener, ON
- 1,623 sqft
- Office
- 51 days on market
MODERN COMMERCIAL SPACE WITH DUAL INCOME STREAMS! Positioned along the rapidly evolving King Street East corridor, just minutes from Downtown Kitchener, this beautifully restored commercial property presents a rare opportunity to own a move-in-ready investment in one of the city's most active growth areas. Extensively renovated throughout, the building blends timeless character with contemporary design, showcasing exposed brick, rich hardwood flooring, and an open-concept layout designed to inspire collaboration and productivity. The main floor is currently configured as a stylish professional office, complete with a private boardroom, making it ideal for a wide range of business uses. Upstairs, a fully tenanted two-bedroom residential apartment provides reliable income, currently rented for $1,550 per month inclusive of utilities. An additional revenue stream comes from the prominent exterior billboard, leased to Pattison Signs, generating approximately $4,800 annually. Designed with flexibility in mind, the property features separate mechanical systems, including two furnaces, two air conditioners, and two hot water heaters, allowing for efficient operation of both the commercial and residential spaces. A full basement offers exceptional storage, while the newly paved parking area provides five on-site parking spaces, complemented by two municipal parking spaces directly in front of the building. With dual driveway access, including a private entrance and shared access from King Street-ingress and egress are both convenient and practical. Offering exceptional visibility, multiple income sources, and a polished, turnkey interior, this is a standout opportunity for investors, entrepreneurs, or owner-occupiers.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $15,400
- Listed
- July 30, 2026
Price History
Property
- Lot Size
- 35 x 100 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- OTTAWA ST N/KING ST E
- Zoning
- c5
- Parcel Number
- 225070061
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Commercial
- Business Type
- Other
- Office / Apartment Area
- 1623 Sq Ft
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
- 1,623 sq ft
- Price per sq ft
- $677.76
- Annual property tax
- $15,400
- Tax per sq ft
- $9.49
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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