Salehian.com 647-325-5000

745 King Street E

Kitchener, N2G 2M4

$1,200,000

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Listed 112 days ago · MLS® X13503226

About this home

PRIME MIXED USE INVESTMENT OPPORTUNITY ON KING ST E. Enjoy unparalleled high exposure and high traffic visibility at this prime mixed-use corner property situated at the intersection of King Street East and Stirling Avenue. This robust investment property generates over $101,000 in gross annual revenue and offers a rare combination of strong cash flow today and exceptional future redevelopment potential. The main floor commercial space, anchored by a long-term tenant, encompasses approximately 2,166 sq. ft. and extends into a fully functional lower level with a convenient walkout to a second parking area. The commercial space was extensively renovated in 2019 and benefits from exceptional exposure along one of Kitchener's busiest corridors. For owner operators and investors alike, the commercial unit is available for vacant possession, creating a unique opportunity for end users seeking a highly visible location. Further enhancing the property's appeal are 2 separate parking lots, one accessed from King Street and the other from Stirling Avenue, providing ample parking for customers, staff, and residents. The commercial tenant currently pays utilities and property insurance, helping to keep landlord's operating costs remarkably low. The upper levels feature three residential apartments consisting of two 1-bedroom units and one 2-bedroom unit, providing stable income with significant upside potential upon future tenant turnover. Ideally located within walking distance to the ION LRT and positioned within Kitchener's growing downtown development corridor, this property offers investors the rare opportunity to secure both immediate cash flow and long-term land development potential. Opportunities that combine strong income, future redevelopment possibilities, and vacant possession of commercial space are seldom available in today's market. Incredible Investment Opportunity.

Details

Type
Commercial Retail
Lot
80 × 147.33 ft
Garage
None
Property tax
$22,080 (2025)
Municipality
Kitchener

Heating, cooling and services

Air conditioning
Yes
Utilities
Yes

Building and exterior

Building area
4,166 Square Feet

More

Possession
Flexible
Cross street
KING ST E/STIRLING AVENUE

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Very walkable

  • 🚇 Borden LRT4 min walk
  • 🚇 Kitchener Market LRT9 min walk

Within a 10-minute walk: 4 grocery stores, 41 cafés and restaurants, 12 parks, 3 pharmacies. Nearest grocery: Siêu Thi Bến Thành (550 m). Nearest park: Luther Green (400 m).

Schools nearby

Elementary

  • Sheppard Public School
    EQAO: Gr 6 reading 72%, math 60%    9 min walk
  • St. Anne Catholic Elementary School Catholic
    EQAO: Gr 6 reading 90%, math 45%    15 min walk
  • Suddaby Public School
    EQAO: Gr 6 reading 90%, math 58%    15 min walk
  • St. Bernadette Catholic Elementary School Catholic
    EQAO: Gr 6 reading 92%, math 42%    1.6 km

Secondary

  • Cameron Heights Collegiate Institute
    EQAO: Gr 9 math 74%, literacy test 90%    5 min walk
  • Maple Grove School11 min walk
  • Courtland Avenue Public School15 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N2G

Owners / renters
31% / 69%
Median household income
$62,400
Average age
42
Children under 15
10%
Homes
22% detached, 41% high-rise
Commute by transit
11%
Population
14,580

Languages spoken most at home besides English: Arabic 1.1%, Portuguese 1%, Spanish 1%, Mandarin 0.9%.

Safety

Crime Severity Index for Waterloo Region (Kitchener) police: 67 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Kitchener: 1 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX TWIN CITY FAISAL SUSIWALA REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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