1,793 ft2
$1,350,000
Fantastic investment opportunity in the heart of Kitchener! This mixed-use property, located in the sought-after SGA-2 zone, offers endless potential. The main floor is currently operating as a salon, while the upper level features a 1-bedroom and 1 bathroom apartment. Ample private parking on-site adds incredible value—rarely found in this area. Surrounded by essential amenities including restaurants, the Farmers Market, schools, and hospitals, with the Google office and numerous nearby condos contributing to strong commercial footfall. SGA-2 zoning permits moderate-density, mid-rise developments—allowing for up to 8-storey residential buildings, modern townhomes, or mixed-use commercial/residential projects. Whether you’re an investor, developer, or end-user, this property combines immediate rental income with exciting future redevelopment possibilities. (id:50976)
Property Details
MLS® Number
|
40759740 |
Property Type
|
Other |
Amenities Near By
|
Public Transit |
Community Features
|
High Traffic Area |
Equipment Type
|
Water Heater |
Parking Space Total
|
8 |
Rental Equipment Type
|
Water Heater |
Building
Basement Type
|
Full |
Constructed Date
|
1905 |
Stories Total
|
2 |
Size Exterior
|
1793.0000 |
Size Interior
|
1,793 Ft2 |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Land Amenities
|
Public Transit |
Sewer
|
Municipal Sewage System |
Size Depth
|
140 Ft |
Size Frontage
|
43 Ft |
Size Total Text
|
Under 1/2 Acre |
Zoning Description
|
Mu2-541r |
https://www.realtor.ca/real-estate/28780218/602-king-street-e-kitchener