824 King Street W, Kitchener, Ontario N2G 1G1

Listed for:
$9,999,000
43 beds
35 baths
Listed 36 days ago
824 King Street W, Kitchener, Ontario N2G 1G1

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Learn more about this property
Listing provided by:
Real Broker Ontario Ltd.
MLS® number:
40779415
Agent:
Joseph Halleran
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About

King Street West Rare offering in the heart of Kitchener! 824 King Street West is a 35-unit, four-story residential building currently undergoing a complete transformation. Featuring 27 one-bedroom and 8 two-bedroom units, this prime asset offers investors the chance to step in mid-renovation and customize the final finishes. All units are being upgraded with brand new windows, modern kitchens and bathrooms, new appliances, stylish fixtures, in-suite laundry, individual heat pumps, and contemporary flooring throughout. This 26,000 sq ft building sits on just under an acre of high-demand land, offering 72 outdoor parking spaces—a true competitive advantage downtown. Building upgrades include new electrical systems (36 individual panels + 8 mains), new main drains and unit main plumbing lines have been run to each unit, vents, new rooftop make-up air units for energy efficiency, and a state-of-the-art fire alarm system. Major infrastructure work has already been invested. Situated between Uptown Waterloo and Downtown Kitchener, this unbeatable location places residents steps from Grand River Hospital, the ION Light Rail, Kitchener GO Station, and top employers like Google, Communitech, Oracle NetSuite, and the University of Waterloo Health Sciences Campus. Residents will also love the Iron Horse Trail connection to Victoria Park and Waterloo Park. With land scarcity and luxury high-rises reshaping the downtown core, 824 King Street West is positioned for tremendous appreciation. This is your chance to own a major asset in one of Canada's fastest-growing innovation corridors. Take advantage of this high-demand, high-growth opportunity! (id:27476)

Property Highlights

MLS® Number
40779415
Type
Multi-family
Ownership Type
Freehold
Land Size
1/2 - 1.99 acres
Parking Space Total
72

Building

Storeys
4.00
Square Footage
26000 sqft
Bathrooms Total
35
Bedrooms Total
43
Amenities
Hospital, Park, Public Transit
Exterior Finish
Brick, Concrete, Wood, Steel
Fireplace Present
No
Basement Type
Full (Partially finished)
Basement Features
Building Heating Type
Heat Pump
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location