
















































1/50108 QUEEN Street N, Kitchener, ON N2H2H5
$2.3M total
5,985 SF
Asset Class
Specialty
Size
5,985 SF
Building class
B
Zoning
DC2 — Site Specific
$ / SF
$384
Occupancy
90%
An exceptional opportunity to own nearly half an acre in Kitchener's established Civic Centre neighbourhood, home to the historic Sonneck House. Located at 108 Queen Street North, this Italianate-style property dates to 1874 and is the last remaining Breithaupt family home in Kitchener. Its red brick exterior, decorative stonework, bay windows and covered porches reflect the craftsmanship of the era. The approximately 19,902 sq. ft. (0.457-acre) parcel offers 153.80 feet of frontage, approximately 129 feet of depth and parking for 12+ vehicles, including a garage. With its generous dimensions and prominent location, the property presents a compelling opportunity for buyers seeking a substantial parcel in an established urban neighbourhood. Existing improvements include a substantial two-storey residence with three bedrooms, 1.5 bathrooms, living and dining rooms with fireplaces, a kitchen with centre island and breakfast area, and attic storage. A sweeping wooden staircase, stained glass, hardwood floors and detailed trim add historic character. An adjoining commercial space currently operates as a salon, with a bathroom and unfinished upper level. With the owner vacating, the space offers potential for a new business or commercial tenant. A separate tenanted residential space provides existing rental income. Steps from Centre in the Square and Kitchener Public Library, the property is minutes from Downtown Kitchener's restaurants, shops and amenities, with convenient access throughout Waterloo Region. Located within Kitchener's Strategic Growth Area (SGA), this substantial parcel offers possibilities for continued residential and commercial use or exploration of its long-term potential, subject to applicable zoning, heritage requirements and municipal approvals. A rare opportunity to own a recognizable address and shape the next chapter of a significant Kitchener property. (id:66811)
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Monthly debt service
$11K
Projected NOI
$146K
Annual cash flow
$19K
Cash-on-cash
2.69%
DSCR
1.15
Going-in cap
6.35%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Aurora Legal LLP | 5,363 SF | 2034-08 |
Trade area within 3 miles of the property.
Population
138,552
Households
48,781
Median income
$133,500
Median age
36.1
Daytime population
235,172
5-yr growth
5.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 108 QUEEN Street N, 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.