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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$999,000
Available - For Sale
Listing ID: X13561026
Prime Development & Investment Opportunity | Strategic Growth Area (SGA-2) An unmatched, high-exposure investment and redevelopment opportunity awaits in one of Kitchener's fastest-growing transit corridors. Situated on a high-visibility main street within a designated Major Transit Station Area (MTSA), this mixed-use commercial property offers exceptional long-term upside, immediate holding income potential, and generous zoning allowances. Zoning & Redevelopment Highlights (SGA-2): Incredible Density: Zoned SGA-2 under the City of Kitchener Official Plan, allowing for high density, mid-rise, mixed-use developments of up to 8 storeys. Transit-Oriented Node: Strategically positioned within an MTSA corridor, designed to support urban intensification and transit-supportive development. Versatile Permitted Uses: The flexible zoning permits a wide range of retail, commercial, residential, and professional services. Existing Infrastructure & Holding Income: Main Level: Features a functional commercial layout, previously operating as a Bar & Lounge, offering a turnkey footprint for hospitality, retail, or office use. Upper Level: A spacious, self-contained 2-bedroom residential apartment providing immediate rental income or owner-occupant flexibility. On-Site Amenities: Generous on-site parking with excellent street frontage, signage opportunities, and exceptional pedestrian/vehicular traffic counts. The Investment Strategy: With significant capital improvements already completed, this property is perfectly positioned for land banking, complete redevelopment to maximize density, or repositioning the commercial space to secure strong, long-term holding yields. Property is being sold in "As-Is, Where-Is" condition. Do not miss this rare opportunity to secure a key footprint in Kitchener's primary growth node.
Price $999,000
Taxes: $14,808
Tax Type: Annual
Occupancy by: Vacant
Address: 612 King Street East , Kitchener, N2G 2M1, Waterloo
Postal Code: N2G 2M1
Province/State: Waterloo
Legal Description: Lt 44 Pl 129 Kitchener; Kitchener
Directions/Cross Streets: King St E & Stirling St S
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Multi-Use
Use: Hospitality/Food Related
Building Percentage: T
Total Area: 2,500
Total Area Code:  Square Feet
Office/Appartment Area: 1150
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Franchise: F
Days Open: O
Maintenance: 0
Sprinklers: No
Rail: N
Clear Height Feet: 8
Truck Level Shipping Doors #: 0
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary
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RE/MAX SKYWAY REALTY INC.

612 King Street East , Kitchener, N2G 2M1, Waterloo

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Stan Khurana
Sales Representative
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6473836000
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Type: Com - Commercial Retail
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
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Lot Size: x 140.00(Feet)
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Tax: $14,808
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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