Price ChangeFor Sale

1020 King Street E
Kitchener, Waterloo, ON, N2G 2M9

Office
TRREB
MLS® Number: X13637474
$999,900List Price
OfficeProperty Type
1,623 sq ftSize
$15,400 / 2025Taxes (Annual)
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PRICE CHANGED
$999,900
Previously Listed For:
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Listing History

Buy/sell history for 1020 King Street E, Kitchener, ON N2G 2M9

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Description

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.

Features

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Amenities

No amenities available

Summary

Tax (Annual):$15,400 / 2025
Listing #:X13637474
Property Type:Office
Size:1,623 sq ft
Land Size:35 x 100
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:RE/MAX TWIN CITY FAISAL SUSIWALA REALTY

Rooms

Details

Property

Property Type:Office
Municipality:Waterloo

Building

Size:1,623 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Open

Land

Cross Street:OTTAWA ST N/KING ST E

$999,900

List price

1020 King Street E, Kitchener – Office for sale · MLS® # X13637474 | CPRB