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1020 King Street E Kitchener, ON - Image 11020 King Street E Kitchener, ON - Image 21020 King Street E Kitchener, ON - Image 31020 King Street E Kitchener, ON - Image 41020 King Street E Kitchener, ON - Image 51020 King Street E Kitchener, ON - Image 61020 King Street E Kitchener, ON - Image 71020 King Street E Kitchener, ON - Image 81020 King Street E Kitchener, ON - Image 91020 King Street E Kitchener, ON - Image 101020 King Street E Kitchener, ON - Image 111020 King Street E Kitchener, ON - Image 121020 King Street E Kitchener, ON - Image 131020 King Street E Kitchener, ON - Image 141020 King Street E Kitchener, ON - Image 151020 King Street E Kitchener, ON - Image 161020 King Street E Kitchener, ON - Image 171020 King Street E Kitchener, ON - Image 181020 King Street E Kitchener, ON - Image 191020 King Street E Kitchener, ON - Image 201020 King Street E Kitchener, ON - Image 211020 King Street E Kitchener, ON - Image 221020 King Street E Kitchener, ON - Image 231020 King Street E Kitchener, ON - Image 241020 King Street E Kitchener, ON - Image 251020 King Street E Kitchener, ON - Image 261020 King Street E Kitchener, ON - Image 271020 King Street E Kitchener, ON - Image 281020 King Street E Kitchener, ON - Image 291020 King Street E Kitchener, ON - Image 301020 King Street E Kitchener, ON - Image 311020 King Street E Kitchener, ON - Image 321020 King Street E Kitchener, ON - Image 331020 King Street E Kitchener, ON - Image 341020 King Street E Kitchener, ON - Image 351020 King Street E Kitchener, ON - Image 361020 King Street E Kitchener, ON - Image 371020 King Street E Kitchener, ON - Image 381020 King Street E Kitchener, ON - Image 391020 King Street E Kitchener, ON - Image 401020 King Street E Kitchener, ON - Image 41

$999,900

0 Beds 0 Baths 1,623 SQFT 0.08 Acres
Type: Commercial

1020 King Street E
Kitchener, ON N2G 2M9

MLS#: 40852371
Peggy McEwan
Peggy McEwan
Condo Digs
Phone: 416.371.8191
Office: 647.977.2650
Presented by: RE/MAX TWIN CITY FAISAL SUSIWALA REALTY

Property Description

 

MODERN COMMERCIAL SPACE WITH DUAL INCOME STREAMS! Positioned along the rapidly evolving King Street East corridor, just minutes from Downtown Kitchener, this beautifully restored commercial property presents a rare opportunity to own a move-in-ready investment in one of the city's most active growth areas. Extensively renovated throughout, the building blends timeless character with contemporary design, showcasing exposed brick, rich hardwood flooring, and an open-concept layout designed to inspire collaboration and productivity. The main floor is currently configured as a stylish professional office, complete with a private boardroom, making it ideal for a wide range of business uses. Upstairs, a fully tenanted two-bedroom residential apartment provides reliable income, currently rented for $1,550 per month inclusive of utilities. An additional revenue stream comes from the prominent exterior billboard, leased to Pattison Signs, generating approximately $4,800 annually. Designed with flexibility in mind, the property features separate mechanical systems, including two furnaces, two air conditioners, and two hot water heaters, allowing for efficient operation of both the commercial and residential spaces. A full basement offers exceptional storage, while the newly paved parking area provides five on-site parking spaces, complemented by two municipal parking spaces directly in front of the building. With dual driveway access, including a private entrance and shared access from King Street—ingress and egress are both convenient and practical. Offering exceptional visibility, multiple income sources, and a polished, turnkey interior, this is a standout opportunity for investors, entrepreneurs, or owner-occupiers.


 

Interior Features

Other Interior Features

Above Grade Finished Area Unit Type0 sqft
Air Conditioning Y/NNo
BasementFull
Below Grade Finished Area Unit Type0 sqft
Fireplace Y/NNo
Total Stories2

General

Attached Garage No
Building Area Units0 sqft
Carport Y/NNo
CityKitchener
CountyWaterloo
DirectionsOTTAWA ST N/KING ST E
Garage Y/NNo
Lot Size Square Feet3,484 sqft
MLS Area3 - Kitchener West
MLS Area Minor311 - Downtown/Rockway/S. Ward
New ConstructionNo
Property SubtypeBuilding and Land
Property TypeCommercial Sale
Senior Community Y/NNo
SewerSewer (Municipal)
Standard StatusActive
StatusActive
Structure TypeMixed Use, Office
Virtual TourClick here
Virtual TourClick here
ZoningC5

Exterior

Building Area Total1,623 sqft
Crops Included Y/NNo
Frontage Length35 sqft
Frontage TypeEast
Lot Dimensions35 x 100
Lot FeaturesCity Lot, High Traffic Area, Highway Access, Public Transit, Visual Exposure
Lot Size Acres0.08
Parking FeaturesAsphalt
Road Frontage TypePublic Road
Water SourceMunicipal
Waterfront Y/NNo

Additional Details

Schools 

High School Hubert H Humphrey Middle School
Elementary School Big Hollow Elementary School

  

Similar Properties

$999,900

0 Beds 0 Baths 1,623 SQFT 0.08 Acres
Type: Commercial

1020 King Street E
Kitchener, ON N2G 2M9

MLS#: 40852371
Peggy McEwan
Peggy McEwan
Condo Digs
Phone: 416.371.8191
Office: 647.977.2650
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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