| Located in the heart of Kitchener-Waterloo, 137 King Street presents a rare investment opportunity that blends historic charm with modern potential. Ideally situated and already significantly developed, this property is perfectly positioned for an investor ready to bring a distinctive vision to life with minimal hurdles. Much of the heavy lifting has already been done, allowing the next owner to focus on final finishes and interior design. The second and third floors house 12 loft-style residential units, offering soaring ceilings and spacious layouts across a total of 10,471 sq ft. These units are framed, nearly ready for drywall, and feature plumbing rough-ins close to completion-saving time and reducing development costs. The ground floor adds another layer of value, featuring three commercial units totaling 5,285 sq ft. These spaces offer strong leasing potential, making the building well-suited for a mixed-use strategy that appeals to both residents and businesses. With 18 dedicated parking spaces-and potential to secure more nearby-the property delivers the accessibility needed for modern urban tenants. Altogether, 137 King Street offers a compelling blend of character, functionality, and income-generating potential in one of the region's most dynamic urban cores. |
| Price | $3,400,000 |
| Taxes: | $22121.33 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 137 King Street , Kitchener, N2G 2K8, Waterloo |
| Postal Code: | N2G 2K8 |
| Province/State: | Waterloo |
| Legal Description: | PT LT 5 S/S KING ST, 6 S/S KING ST PL 36 |
| Directions/Cross Streets: | King St & Benton St - access from King St E |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 0 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 | |
| Washroom Type 36 | 0 | |
| Washroom Type 37 | 0 | |
| Washroom Type 38 | 0 | |
| Washroom Type 39 | 0 | |
| Washroom Type 40 | 0 | |
| Washroom Type 41 | 0 | |
| Washroom Type 42 | 0 | |
| Washroom Type 43 | 0 | |
| Washroom Type 44 | 0 | |
| Washroom Type 45 | 0 | |
| Washroom Type 46 | 0 | |
| Washroom Type 47 | 0 | |
| Washroom Type 48 | 0 | |
| Washroom Type 49 | 0 | |
| Washroom Type 50 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | F |
| Total Area: | 19582.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit |
| Washrooms: | 0 |
| Rail: | N |
| Soil Test: | Environmenta |
| Heat Type: | None |
| Central Air Conditioning: | No |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP |
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| Book Showing | Email a Friend |
| Type: | Com - Investment |
| Area: | Waterloo |
| Municipality: | Kitchener |
| Neighbourhood: | Dufferin Grove |
| Tax: | $22,121.33 |
| Fireplace: | N |