115 King St W, Kitchener, ON, N2G 1A7

MLS® # X6724846

Commercial For Sale In City Commercial Core, Kitchener, Ontario

$399,000

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115 King St W, Kitchener, ON, N2G 1A7

$399,000

Property Information:

Matter of Taste Coffee Bar is a longstanding staple in the Kitchener Waterloo community with 20 years of experience in the area! This downtown Kitchener location is in a prime spot right on King Street in a beautiful exposed brick unit with high ceilings and tons of light. Seating for 20 inside plus 15 on the street front patio. Full of high end equipment and leaseholds and completely turnkey with a great track records of excellent sales and income.

Attractive lease rate of $4,142 gross rent including TMI with term. 200 amp 3 phase service and a full prep area downstairs. This business has a long history and is very profitable providing income on top of salaries for hands-on operators.

Building Features:

Style: Business
Basement: Yes
Elevator: None
Garage Type: None
Heat Type: Gas Forced Air Closd

Property Features:

Bathrooms: 2
Annual Tax Amount: $0
Air Conditioning: Central Air
Area Influences: Public Transit, Rec Centre
Lot Depth: 57.07 Feet
Lot Frontage: 8346 Feet
Occupancy: Tenant
Sewers: San+Storm
Survey: No
Utilities: Available
Water: Municipal

Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Notes:

Ryan Earl

Broker Royal LePage Signature Realty , Brokerage*

Direct 416.443.0300

View All of Ryan's Listings

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Market Price Trends

Location of 115 King St W, Kitchener, ON, N2G 1A7

Lifestyle
Neighbourhood

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, 115 King St W , 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

2050

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, 115 King St W , 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

2050

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 115 King St W, Kitchener, ON, N2G 1A7

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$98,102.31

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.23 %

High school certificate or equivalent

25.9 %

Apprenticeship trade certificate/diploma

3.86 %

College/non-university certificate

17.6 %

University certificate (below bachelor)

2.01 %

University Degree

33.71 %

Commuter

Travel To Work

By Car

64.53 %

By Public Transit

16.07 %

By Walking

13.16 %

By Bicycle

0.99 %

By Other Methods

5.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

89.19 %

Houses

10.28 %

Own Vs. Rent

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115 King St W, Kitchener, ON, N2G 1A7 $399,000 MLS® # X6724846

Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 115 King St W, Kitchener, ON, N2G 1A7

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 115 King St W, Kitchener, ON, N2G 1A7

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

115 King St W, Kitchener, ON, N2G 1A7

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