496 East KING Street East, Kitchener - Other for Sale
496 East KING Street East, Kitchener, Ontario, N2G2L6
1,830 ft²Listed 8 days ago
Overview
This other in Kitchener is for sale offering roughly 1,830 sq ft of space. It has been on the market 8 days, fresher than the Kitchener average of 53 days.
Exceptional opportunity to own a versatile mixed-use building in the heart of Downtown Kitchener along the vibrant King Street East corridor. This high-exposure property benefits from strong pedestrian and vehicular traffic, making it ideal for a wide range of commercial uses. The main floor features a bright, street-facing commercial space, previously operated as a hair salon, offering excellent visibility and signage potential—perfect for retail, service-based businesses, or professional offices. The upper level includes a self-contained residential apartment, providing an excellent opportunity for owner-occupancy, rental income, or live/work flexibility. Situated in a rapidly growing urban hub, this property is just minutes from Downtown Kitchener amenities including restaurants, cafes, retail shops, LRT transit, and major employers. The location also offers convenient access to public transit, nearby hospitals, and key commuter routes, enhancing both business exposure and residential appeal. With flexible zoning allowing for a variety of commercial and residential uses, this property is ideal for entrepreneurs, investors, or end-users looking to establish themselves in one of Kitchener’s most dynamic and evolving areas. (id:66096)
Property Details
MLS®
40874429
Property Type
Other
Zoning
SGA-2
Interior Size
1,830 ft²
Frontage
40 ft
Building Area
1,830 ft²
Storeys
2
Basement
Full
Ownership
Freehold
Property Tax
$5,178/yr
Listed
8 days ago
Services
Water
Municipal water
Sewer
Municipal sewage system
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
8d
Kitchener listings, avg age
53d
Price / ft²
$546
List price
$1000K
Active: 8 days on market, against an average age of 53 days across the listings currently for sale in this city
Market timing · days on market0 → 53d avg age of current listings
Active · day 8
Homes here sell faster than most markets
Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 100.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
Haho
This other in Kitchener has been listed for 8 days, which is 45 days fresher than the city average of 53. Act while there is still low competition.
Listed by RE/MAX Twin City Realty Inc. · Elias Jiryis
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (N2G)
This home lists at $999,999, about 16.0× the local median household income of $62,400.
Carrying it typically needs a household income of about $195,335 (20% down, 25-yr amortization, stress-tested) — roughly 213% above the area median.
Median household income
$62,400
Population
14,580
Median age
38
Owner / renter
31% / 69%
Avg. household size
1.8
Source: Statistics Canada, 2021 Census (FSA N2G)
$999,999· $546/ft²
For sale
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