Business For Sale · Office

17 WEBER STREET W, Kitchener

17 WEBER STREET W, Kitchener, ON N2H3Y9

$1.9M total

3,155 SF

Asset Class

Office

Size

3,155 SF

Building class

A

Zoning

CO — Commercial Office

$ / SF

$618

Occupancy

96%

About this property

Positioned in the heart of Downtown Kitchener, this exceptional property offers a rare combination of immediate functionality and outstanding long-term redevelopment potential. Currently being used as a professional law office, the property features a welcoming reception area, private offices, meeting rooms, and ample on-site parking, making it well suited for legal, accounting, consulting, or other professional services. For developers and investors, this is a strategic opportunity to acquire a prime site in one of Waterloo Region's fastest-growing urban centres. Surrounded by high-density residential, commercial, and mixed-use developments, the property offers the potential to generate income today while planning for tomorrow's redevelopment. Ideally located just steps from the courthouse, City Hall, the ION LRT, restaurants, technology employers, and the city's vibrant downtown amenities, this high-exposure property is perfectly positioned to benefit from Kitchener's continued growth and intensification. Whether you're seeking a prestigious downtown office or a premier redevelopment opportunity in a rapidly evolving market, this property delivers exceptional value and future potential. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.95M
Down payment30% · $585K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$125K

Annual cash flow

$17K

Cash-on-cash

2.85%

DSCR

1.15

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
Summit Trades Supply972 SF2029-02
Summit Trades Supply2,042 SF2029-02

Area demographics

Trade area within 3 miles of the property.

Population

131,759

Households

49,016

Median income

$128,500

Median age

35.5

Daytime population

149,422

5-yr growth

8.8%

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

Secure deal room

Confidential diligence documents for 17 WEBER STREET W, 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.