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1020 KING Street E, Kitchener, Ontario, N2G 2M9

MLS® # 40566733
Commercial For Sale In King East, Kitchener, Ontario
$1,250,000
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
1020 King Street E, Kitchener, ON
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ACTIVE
1020 KING Street E, Kitchener, Ontario, N2G 2M9
$1,250,000

Property Information:

Located on the East side of King Street in Kitchener, surrounded by an influx of new developments and a short distance to Downtown, this versatile commercial property currently functions as a trendy office space, yet it harbours the potential for much more. The interior finishes are refined, characterized by hardwood floors and exposed brick walls. This property is designed to cater to the needs of a contemporary business, featuring a private boardroom and open floor plan that harbours creativity. Beyond its current configuration as an office, the building presents the option of a residential unit on the top floor. This second-floor space is laid out with two bedrooms (currently used as private offices). The inclusion of a large balcony provides an outdoor space amongst the trees. This property is a versatile platform that can seamlessly combine commercial and residential potentials. Its prime positioning on King Street, quality finishes and thoughtful design make it an outstanding opportunity for investors or businesses seeking a unique presence in a dynamic urban area. This building encapsulates the essence of flexibility and style in one of the city's top up-and-coming neighbourhoods. (id:27)

Building Features:

  • Style: Office
  • Basement Type: Full

Property Features:

  • OwnershipType: Freehold
  • Property Type: Office
  • Access Type: Road access, Highway access
  • Amenities Nearby: Public Transit
  • Community Features: High Traffic Area
  • Features: Visual exposure, Paved driveway
  • Lot Depth: 100.0 Feet
  • Lot Frontage: 35.0 Feet
  • Zoning: C5
  • Sewer: Municipal sewage system

Courtesy of: Chestnut Park Realty Southwestern Ontario Ltd., Brokerage

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 1020 KING Street E, Kitchener, Ontario, N2G 2M9

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: High

34 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

34 hot days expected in 2050

52/100

High

ClimateCheck®

Current data

This property, 1020 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 Storm Risk:

14 storms expected in 2050

64/100

ClimateCheck®

Current data

This property, 1020 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.

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Demographic Information of 1020 KING Street E, Kitchener, Ontario, N2G 2M9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$101,619.21

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.77 %

High school certificate or equivalent

30.01 %

Apprenticeship trade certificate/diploma

5.28 %

College/non-university certificate

22.55 %

University certificate (below bachelor)

0.55 %

University Degree

22.83 %

Commuter

Travel To Work

By Car

84.59 %

By Public Transit

6.63 %

By Walking

0.55 %

By Bicycle

0.0 %

By Other Methods

8.23 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

46.78 %

Houses

53.22 %

Own Vs. Rent

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