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Address not available $999,999
3 days ago
$999,999
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MLS® Number: X12121167
43
Bedrooms
35
Bathrooms
5000 - 100000
Square Feet

Listing Description

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 spacesa 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! (40374559)

Location Description

King Street West

Property Summary

Property Type
Multi-family
Building Type
Other
Square Footage
5000 - 100000 sqft
Land Size
90.2 x 433.8 FT
Annual Property Taxes
$42,000
Parking Type
No Garage
Time on REALTOR.ca
3 days

Building

Bedrooms
Above Grade
43
Bathrooms
Total
35
Interior Features
Basement Type
Full (Partially finished)
Building Features
Building Amenities
Separate Heating Controls
Heating & Cooling
Heating Type
Heat Pump
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Wood
Parking
Parking Type
No Garage
Total Parking Spaces
72

Measurements

Square Footage
5000 - 100000 sqft

Land

Lot Features
Frontage
90 ft ,2 in
Land Depth
433 ft ,9 in
Other Property Information
Zoning Description
C3
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
JASON O'KEEFE