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Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40760139
Annual Tax Amount $14,808
Property Sub-Type Mixed Use
Source Cornerstone
Property Description
PRIME RESIDENTIAL OR MIXED-USE DEVELOPMENT OPPORTUNITY ON A 12,163.21 SQFT LOT WITH SGA-2 ZONING IN DOWNTOWN KITCHENER. SGA-2 zoning permits moderate-density, mid-rise developments—allowing for up to 8-storey residential buildings, modern townhomes, or mixed-use commercial and residential projects. 612 King St E, Kitchener, N2G 2M1, featuring 6,006 sqft of land (MLS 40760139), is being sold together with 602 King St E, Kitchener, N2G 2M1, which adds an additional 6,157 sqft (MLS 40759333). The 612 King St E property includes a detached 2-storey building with commercial space on the main floor, currently operating as a shisha lounge and bar, and a 2-bedroom, 1-bathroom apartment above. Situated in the heart of downtown Kitchener, this high-exposure site is surrounded by essential amenities including restaurants, the Farmers Market, Conestoga College's downtown campus, schools, hospitals, and the Google office. A rare and strategic opportunity to invest, redevelop, or build in one of the fastest-growing urban hubs in the region.
Location
Province ON
County Waterloo
Area 2 - Kitchener East
Zoning SGA 2
Direction King St E & Stirling St S
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available Other
Lot Frontage 43.1
Lot Depth 140.0
Garage No
Building
Lot Description Urban, Business Centre, City Lot, High Traffic Area, Highway Access, Public Transit, Visual Exposure
Faces King St E & Stirling St S
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community false
Tax ID 225090010
Ownership Freehold/None
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Listed by CENTURY 21 RIGHT TIME REAL ESTATE INC.