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137-147 King ST Kitchener, ON N2G 2K8
19,582 SqFt
Key Details
Sold Price -
Property Type Commercial
Sub Type Building and Land
Listing Status Sold
Purchase Type For Sale
Square Footage 19,582 sqft
MLS Listing ID 40775724
Sold Date -
Abv Grd Liv Area 19,582
Annual Tax Amount $22,121
Lot Size 740 Sqft
Acres 0.017
Property Sub-Type Building and Land
Source Cornerstone
Property Description
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.
Location
Province ON
County Waterloo
Area 2 - Kitchener East
Zoning D-1
Direction King St and Benton St - access from King St E
Rooms
Basement Full
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 75.53
Garage No
Building
Lot Description Rectangular, City Lot, Highway Access, Public Transit
Faces King St and Benton St - access from King St E
Story 3
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 3
New Construction No
Others
Senior Community false
Tax ID 225010054
Ownership Freehold/None
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