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Basara.

Kitchener · Downtown Kitchener/East Ward · Other · MLS# 40784619

612 KING Street E

$999,000

2,500

sqft

Other · $400/sqft

Ask an agent about this property

Listed October 31, 2025

About this home.

MOTIVATED SELLER - Rare Opportunity in Kitchener’s SGA-2 Zone – Prime Redevelopment or Investment Property! Location, Location, Location! An unmatched opportunity awaits investors and developers in the heart of Kitchener’s high-growth Strategic Growth Area (SGA-2). This mixed-use commercial property sits on a high-exposure main street with generous zoning and exceptional redevelopment potential. Property Highlights: Over $400,000 in recent upgrades and improvements Operating Bar & Lounge with established clientele and income stream Updated 2-bedroom apartment above for added rental income Ample on-site parking and excellent street visibility Functional layout ideal for retail, hospitality, or professional use Zoned SGA-2 – allows for mixed-use, mid-rise development up to 8 storeys Strategic Growth Area A designation in the City of Kitchener Official Plan Located within a Major Transit Station Area (MTSA) – ideal for future urban intensification Zoning Benefits (SGA-2): Permits a wide range of commercial and residential uses Encourages mid-rise and mixed-use developments Supports transit-oriented growth in one of Kitchener’s most promising corridors Investment Potential: With significant capital improvements already completed and multiple income streams in place, this property offers strong holding income and excellent long-term upside. Whether you plan to redevelop, reposition, or land bank, this is a rare opportunity to secure a property in a prime growth node. Seller is motivated — bring a reasonable offer! Property being sold as is where is Don’t miss this rare opportunity to own a key property in one of Kitchener’s fastest-growing and most strategically located zones. Contact us today to learn more or arrange a private viewing. (id:59491)

The full record.

Property typeOther
Square footage2,500 sqft
Lot size0
ListedOctober 31, 2025

How this listing prices against Downtown Kitchener/East Ward.

11

Sales

$663,500

Median price

50

Days on market

97.3%

% of list

77

Active listings

N/A

Months supply

Read the full Kitchenerreport →

Estimate the monthly carry.

Down payment
%($199,800)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$4,575

Principal$799,200
Total interest$573,235
Total paid$1,372,435

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

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612 KING Street E, Kitchener — $999,000