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496 KING STREET E, Kitchener, Ontario, N2G 2L6

MLS® # X12109415
Commercial For Sale In King East, Kitchener, Ontario
$3,500,000
496 King Street E, Kitchener, ON
496 King Street E, Kitchener, ON
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496 King Street E, Kitchener, ON
496 King Street E, Kitchener, ON
496 King Street E, Kitchener, ON
496 KING STREET E, Kitchener, Ontario, N2G 2L6
$3,500,000

Property Information:

An exceptional opportunity presents itself to acquire a strategically positioned mixed-use commercial property in the core of downtown Kitchener. This versatile asset offers a prime location characterized by substantial pedestrian traffic and excellent exposure, rendering it highly suitable for a diverse range of commercial enterprises, including retail and service-based businesses.The property features a prominent ground-floor commercial space, ideally configured for storefronts, showrooms, or professional offices. The upper level comprises a self-contained residential/office unit with two rooms, a kitchen, a four-piece bathroom, attic storage, and a sunroom.Benefiting from its central location within Kitchener's dynamic commercial district, this property represents an advantageous prospect for businesses seeking expansion or the establishment of a significant presence. The C5 zoning designation permits a broad spectrum of uses, encompassing retail, service, commercial, entertainment, and residential applications catering to the local community. Permitted uses include, but are not limited to, law firms, beauty salons, antique shops, bakeries, delicatessens, medical or dental offices, and studios.Interested parties are encouraged to inquire for comprehensive details and to arrange a private viewing of this unique offering. (id:27)

Building Features:

  • Style: Mixed
  • Building Type: Residential Commercial Mix
  • Air Conditioning: Yes
  • Floor Space: 1835 sqft
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Retail
  • Bathrooms: 2
  • Amenities Nearby: Public Transit
  • Floor Space (approx): 1835 Square Feet
  • Irregular: Yes
  • Lot Depth: 109.0 Feet
  • Lot Frontage: 40.0 Feet
  • Lot Size: Bldg=40 x 109 FT
  • Zoning: C5
  • No. of Parking Spaces: 8

Courtesy of: OAK AND KEY REAL ESTATE BROKERAGE, INC.

REALTOR.ca  

Location of 496 KING STREET E, Kitchener, Ontario, N2G 2L6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 496 KING STREET E , experiences 7 hot days per year at around 30.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past
30.8℃
2050
34.3℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 496 KING STREET E , experiences 11 significant 2-day storms per year, with about 320.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 397.8mm of precipitation per year.

Precipitation Per Storm

Past
320.2mm
2050
397.8mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 496 KING STREET E, Kitchener, Ontario, N2G 2L6

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$93,576.40

Average Number of Children

1.77

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.31 %

High school certificate or equivalent

25.59 %

Apprenticeship trade certificate/diploma

4.02 %

College/non-university certificate

23.37 %

University certificate (below bachelor)

1.33 %

University Degree

26.37 %

Commuter

Travel To Work

By Car

77.38 %

By Public Transit

9.1 %

By Walking

5.96 %

By Bicycle

0.56 %

By Other Methods

7.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

53.26 %

Houses

46.74 %

Own Vs. Rent