137 King Street E, Kitchener, ON N2G 2K8, Kitchener, ON
With its historic charm, strategic location, and advanced state of development, the 137 King Street property is a rare find for investors looking to make a significant impact in Kitchener-Waterloo. Breathe new life into a piece of history while capitalizing on a unique development project. This property offers an exceptional chance to complete a vision thats already underway, minimizing upfront challenges. Much of the initial work has been completed, allowing the next owner to focus on finishing touches and interior customization. The building features 12 loft-style apartments on the 2nd and 3rd floors, showcasing high ceilings and spacious layouts across 10,471 sq ft. These units are framed and nearly ready for drywall, with plumbing rough-ins also close to completion, significantly reducing the time and cost needed to bring them to market. On the main level, the property includes three commercial units totalling 5,285 sq ft. These spaces provide versatile leasing opportunities, making the building ideal for a mixed-use development that attracts both residential tenants and commercial occupants. The combination of loft apartments and commercial units enhances the potential for strong rental income streams. Adding to its appeal, the building has 18 dedicated parking spaces, with the possibility of securing additional spots nearby. This flexibility enhances the property's usability, catering to both residents and commercial tenants.
Property Highlights
For Sale
MLS NO.
X12013845
Type
Residential Freehold
Sub Type
Multiplex
Parking
18.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Active Under Contract
Contract Status
Unavailable
MLS® Number
X12013845
Living Area Range
5000 +
Total Bedrooms
0
Bedrooms Above Grade
0
Total Bathrooms
0
Total Kitchens
0
Kitchens Above Grade
0
Rooms Above Grade
0
Interior Features
None
Fireplace
No
Central Vacuum Yn
No
Construction
Brick, Concrete Block
Roof
Other
Lot Width
74.83
Parking Total
18.0
Covered Spaces
0.0
Garage Type
None
Garage
No
Pool
None
Direction Facing
West
Cooling
None
Heat Source
Gas
Heat Type
Other
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
137 King Street E, Kitchener, ON N2G 2K8
City
Kitchener
County / Region
Waterloo
Province / State
ON
Postal Code
N2G 2K8
Cross Street
King St and Benton St
Directions
King St and Benton St - access from King St E
Country
CA
List Price
$3,700,000
Annual Taxes
$20,972
Tax Year
2024
Legal Description
PT LT 5 S/S KING ST, 6 S/S KING ST PL 364 KITCHENER PT 2, 58R2957 EXCEPT 302404 S/T A33413; KITCHENER
Possession Type
Immediate
Listing Office
Trilliumwest Real Estate Brokerage Ltd
Board
One Point Association of REALTORS
Original Entry
2025-03-12T01:21:16Z
Media Updated
2026-03-23T19:46:41Z
Photos Updated
2026-03-23T19:46:41Z
Last Modified
2026-03-23T19:46:41Z
System Modified
2026-03-23T19:46:42.119392Z
MLS Status
Sold Conditional
Architectural Style
3-Storey
Basement
Unfinished
Ddfyn
Yes
Expiration Date
2025-06-10
Foundation Details
Stone, Concrete
Heat Source Multi
Gas
Heat Type Multi
Other
Hstapplication
Included In
Occupant Type
Vacant
Originating System Id
A00001796
Parcel Number
225010054
Parking Spaces
18
Public Remarks
With its historic charm, strategic location, and advanced state of development, the 137 King Street property is a rare find for investors looking to make a significant impact in Kitchener-Waterloo. Breathe new life into a piece of history while capitalizing on a unique development project. This property offers an exceptional chance to complete a vision thats already underway, minimizing upfront challenges. Much of the initial work has been completed, allowing the next owner to focus on finishing touches and interior customization. The building features 12 loft-style apartments on the 2nd and 3rd floors, showcasing high ceilings and spacious layouts across 10,471 sq ft. These units are framed and nearly ready for drywall, with plumbing rough-ins also close to completion, significantly reducing the time and cost needed to bring them to market. On the main level, the property includes three commercial units totalling 5,285 sq ft. These spaces provide versatile leasing opportunities, making the building ideal for a mixed-use development that attracts both residential tenants and commercial occupants. The combination of loft apartments and commercial units enhances the potential for strong rental income streams. Adding to its appeal, the building has 18 dedicated parking spaces, with the possibility of securing additional spots nearby. This flexibility enhances the property's usability, catering to both residents and commercial tenants.
