195, 197, 199 King Street E, Kitchener, Ontario N2G 2K8 (22139605)


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195, 197, 199 King Street E Kitchener, Ontario N2G 2K8

5 Bedroom
Multi-Level Forced Air

$2,200,000

A fantastic opportunity waits for investors and developers a prime DTK location, King Street commercial frontage, and right around the corner from the LRT line. 195 King Street East is a mixed use (commercial and multi-residential) property of 0.15 acres in total area, which includes over 40 feet of frontage on Downtown Kitchener's primary King Street artery. The current use includes two commercial units on the ground level, in addition to four residential units on the upper floors. Waterloo Regions King Street corridor has experienced an explosion in demand for private residential dwellings over the past several years. New businesses and residential projects have populated the length of the LRT system, and demand continues to grow. Current zoning would permit the development of a medium scale residential or mixed-use project, with the potential for more as the city eases parking restrictions. (id:3334)

Property Details

MLS® Number 30824263
Property Type Multi-family
Equipment Type None
Features Paved Driveway, No Driveway
Parking Space Total 6
Rental Equipment Type None

Building

Bedrooms Total 5
Architectural Style Multi-level
Basement Type None
Construction Style Attachment Detached
Exterior Finish Brick, Vinyl Siding
Fire Protection Fire Alarm System, Smoke Detectors
Fireplace Present No
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Utility Water Municipal Water

Parking

None

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 162 Ft
Size Frontage 41 Ft
Size Total Text Under 1/2 Acre
Zoning Description D1

Utilities

Water Available

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