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$3.7M total
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Asset Class
Retail
Size
—
Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
90%
Exceptional opportunity to own a premium detached commercial Property in Deer Ridge / Hidden Valley in the heart of Waterloo Region.This luxuriously designed, modern, open-concept layout featuring numerous private rooms, with a Full basement providing additional functional space. 24 on-site private parking spaces, Abundant natural light, approximately 40,000 vehicles passing daily, offering excellent visibility and exposure, Private kitchen, washrooms, and laundry facilities. making it an excellent choice for a wide range of commercial uses, including: *Financial institutions and banks *Private schools and educational facilities *Medical and professional offices *Showrooms and retail concepts *Fitness centres and gymsSports and recreational facilities *And much more .... Prime Location Situated and surrounded by a wide range of established amenities, including: Costco and Home Depot, Banks and financial services, Restaurants and pharmacies, Schools and parks, A variety of retail and commercial businesses, Conveniently located just minutes from Highway 401, this property offers excellent accessibility for customers, employees, and clients throughout Kitchener, Waterloo, Cambridge, and the surrounding Waterloo Region. King street widening is being designed so it can accommodate ION LRT toward Cambridge in the future which should add a lot to the current property value. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$17K
Projected NOI
$209K
Annual cash flow
$4K
Cash-on-cash
0.34%
DSCR
1.02
Going-in cap
5.64%
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.
Trade area within 3 miles of the property.
Population
76,847
Households
30,077
Median income
$78,000
Median age
42.4
Daytime population
104,290
5-yr growth
8.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 4169 KING STREET E, Kitchener.
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.