For Sale · Specialty

26 KING Street E, Kitchener

26 KING Street E, Kitchener, ON N2G2K6

$924,900 total

3,272 SF

Asset Class

Specialty

Size

3,272 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

$283

Occupancy

85%

Year Built

2025

About this property

THREE SPACES, ONE SMART INVESTMENT! Welcome to a truly one-of-a-kind opportunity in the heart of downtown Kitchener-where modern design meets incredible versatility. This architecturally striking building, completed in 2025, offers a rare combination of two beautifully appointed residential units along with a vibrant commercial space, making it ideal for a live-work lifestyle, Airbnb or savvy investment. This impressive property spans over 3,200 sq ft, showcasing innovative design at its finest. Each residential unit features its own private entrance, leading into a dedicated hallway & staircase that enhances privacy. Residential Unit A is filled with character, highlighted by a dramatic two-storey window overlooking lively King Street. Unique rounded ceiling details add softness to the modern aesthetic, while the primary loft suite features a glass-railed overlook to the living space below. Upstairs, the bedroom includes a full ensuite, complemented by a stylish powder room on the main level for guests. A rooftop patio with views over King Street provides the perfect urban retreat. Residential Unit B offers a similar layout with its own distinct charm. A striking two-storey window frames views of Goudies Lane. Enjoy a private balcony off the living area, while the upper-level suite features a full ensuite and open-to-below design. A convenient main-floor powder room and a rooftop patio with sweeping skyline views complete the space. At street level along Goudies Lane, a 600 sq ft commercial unit presents endless possibilities—perfect for a boutique shop, cafe, takeout concept, or contemporary office. The space includes rough-ins for a kitchen & accessible washroom rough-ins and has one dedicated parking spot. With a Walkscore of 99, this prime downtown location puts everything at your doorstep. Just steps from the ION LRT stop & steps to the Kitchener Market, local cafes, nightlife, shopping, and Centre in the Square. (id:66811)

Financial sandbox

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Estimate
Purchase price$925K
Down payment30% · $277K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$59K

Annual cash flow

$8K

Cash-on-cash

2.87%

DSCR

1.16

Going-in cap

6.40%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Blue Harbour Design1,486 SF2030-05
Blue Harbour Design692 SF2030-05
Blue Harbour Design597 SF2030-05

Area demographics

Trade area within 3 miles of the property.

Population

113,841

Households

41,995

Median income

$112,500

Median age

32.1

Daytime population

107,365

5-yr growth

8.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 26 KING Street E, Kitchener.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.