LOCATION IS EVERYTHING! Excellent investment opportunity in a prime central location on King Street East in Downtown Kitchener. This fully leased (all leases month to month), mixed-use property features a high-visibility commercial frontage currently occupied by a barbershop, plus four well-maintained residential units. The site includes 11 parking spaces. Zoned MU-2 (Mixed Use), the property allows for a wide range of commercial and residential uses and strong potential for urban redevelopment. 2024 hydro: $2718.22 2024 Water and Gas: $4002.30 Repairs and Maintenance 2024: $4297.63
For sale
C$1,450,000
686 King St E, Kitchener, ON N2G 2M3
2beds
2baths
1,900sqft
Multi-5 Unit, Multi Family
Built in 1902
-- sqft lot
$-- Zestimate®
C$763/sqft
C$-- HOA
What's special
High-visibility commercial frontageWell-maintained residential units
- 73 days
- on Zillow |
- 9 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 08, 2025 at 02:37pm
Listed by:
Linda E. Dreveny, Salesperson,
RE/MAX SOLID GOLD REALTY (II) LTD.,
Michelle Dreveny, Salesperson,
RE/MAX SOLID GOLD REALTY (II) LTD.
Source: ITSO,MLS®#: 40731257Originating MLS®#: Waterloo Region Association of REALTORS® (WRAR)
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Natural Gas, Radiator
Cooling
- Wall Unit(s)
Appliances
- Included: Refrigerator, Stove
- Laundry: None
Features
- None
- Basement: Full,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 2,850
- Total interior livable area: 1,900 sqft
- Finished area above ground: 1,900
- Finished area below ground: 950
Property
Parking
- Total spaces: 11
- Parking features: Asphalt, Front Yard Parking, Outside/Surface/Open
- Uncovered spaces: 11
Features
- Frontage length: 50.09
Lot
- Size: 5,519.42 Square Feet
- Dimensions: 50.09 x 110.19
- Features: City Lot, Public Transit, Shopping Nearby
Details
- Parcel number: 225090087
- Zoning: MU-2, 541R
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-5 Unit, Multi Family
Materials
- Brick, Wood Siding
- Roof: Asphalt Shing
Condition
- 100+ Years
- New construction: No
- Year built: 1902
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & HOA
Location
- Region: Kitchener
Financial & listing details
- Price per square foot: C$763/sqft
- Annual tax amount: C$11,484
- Date on market: 5/26/2025
- Inclusions: None, 4 Fridges And 4 Stoves Included.
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