New

A Rare Mixed-Use Opportunity In Kitchener

CA$1,350,000~€836,780
  • ~182 m² Total surface

Description

3188 King St E presents a rare mixed-use opportunity in Kitchener’s established east end, offering excellent King Street exposure, strong visibility, and convenient access to Highway 8, Fairway Road, Sportsworld, Cambridge, and the broader Waterloo Region. Situated on approximately 0.209 acres, this 1,957 sq. ft. property features three main-floor commercial units and a second-floor 4-bedroom apartment, providing a versatile combination of commercial and residential income. The residential unit currently generates $3,250/month in rental income, while Commercial Unit 1 is leased at $1,850/month. The remaining two commercial units will be delivered vacant on closing, providing flexibility for an owner-user, new tenants, or additional leasing opportunities. The property also benefits from a new 2-ton HVAC unit, 11+ parking spaces, and a prominent pylon sign for enhanced street visibility. Zoned COM-2, the property accommodates a broad range of permitted commercial uses, including retail, office, health clinic, pet services, auto sales, and more. Its strategic location near major arterial routes, transit, established commercial areas, and ongoing east Kitchener development further enhances its appeal. With existing rental income, flexible commercial space, ample parking, and strong exposure, 3188 King St E offers an exceptional opportunity for investors and owner-users alike.
Features
Basement
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Engel & Völkers Toronto Central Kitchener Waterloo

Your advisor: Dennis Mehravar

Property ID: AM-5535752

Property details
  • Property type

    Other

  • Number of Floors

    1

  • Parking spaces

    11

  • Total surface

    ~182 m²

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