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Isaac Rosebrugh

isaac@inspiredbroker.com +1(519) 754-6611

Listed by Faisal Susiwala • RE/MAX TWIN CITY FAISAL SUSIWALA REALTY

$1,100,000

Est. payment - /mo

1,623 SqFt

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Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 1,623 sqft

Price per Sqft $677

MLS Listing ID 40852371

Abv Grd Liv Area 1,623

Annual Tax Amount $15,400

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Building and Land

Source Cornerstone

Property 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.

Location

Province ON

County Waterloo

Area 3 - Kitchener West

Zoning C5

Direction OTTAWA ST N/KING ST E

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Parking Features Asphalt

Lot Frontage 35.0

Lot Depth 100.0

Garage No

Building

Lot Description City Lot, High Traffic Area, Highway Access, Public Transit, Visual Exposure

Faces OTTAWA ST N/KING ST E

Story 2

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community No

Tax ID 225070061

Ownership Freehold/None

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Isaac Rosebrugh

+1(519) 754-6611

REALTOR®

1020 King Street E Kitchener, ON N2G 2M9

Isaac Rosebrugh

Key Details

Location

Rooms

Interior

Exterior

Building

Others