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Basara.

Kitchener · Uptown Waterloo/North Ward · Multi-family · MLS# 40779415

824 KING Street W

$9,999,000

43

bed

35

bath

26,000

sqft

Multi-family · $385/sqft

Ask an agent about this property

Listed October 15, 2025

About this home.

Rare offering in the heart of Kitchener! 824 King Street West is a 35-unit, four-story residential building currently undergoing a complete transformation. Featuring 27 one-bedroom and 8 two-bedroom units, this prime asset offers investors the chance to step in mid-renovation and customize the final finishes. All units are being upgraded with brand new windows, modern kitchens and bathrooms, new appliances, stylish fixtures, in-suite laundry, individual heat pumps, and contemporary flooring throughout. This 26,000 sq ft building sits on just under an acre of high-demand land, offering 72 outdoor parking spaces—a true competitive advantage downtown. Building upgrades include new electrical systems (36 individual panels + 8 mains), new main drains and unit main plumbing lines have been run to each unit, vents, new rooftop make-up air units for energy efficiency, and a state-of-the-art fire alarm system. Major infrastructure work has already been invested. Situated between Uptown Waterloo and Downtown Kitchener, this unbeatable location places residents steps from Grand River Hospital, the ION Light Rail, Kitchener GO Station, and top employers like Google, Communitech, Oracle NetSuite, and the University of Waterloo Health Sciences Campus. Residents will also love the Iron Horse Trail connection to Victoria Park and Waterloo Park. With land scarcity and luxury high-rises reshaping the downtown core, 824 King Street West is positioned for tremendous appreciation. This is your chance to own a major asset in one of Canada's fastest-growing innovation corridors. Take advantage of this high-demand, high-growth opportunity! (id:59491)

The full record.

Property typeMulti-family
Square footage26,000 sqft
Lot size0
Bedrooms43
Bathrooms35
HeatingHeat Pump
ExteriorWood frame
ListedOctober 15, 2025

How this listing prices against Uptown Waterloo/North Ward.

6

Sales

$587,500

Median price

23

Days on market

95.6%

% of list

14

Active listings

N/A

Months supply

Read the full Kitchenerreport →

Estimate the monthly carry.

Down payment
%($1,999,800)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$45,789

Principal$7,999,200
Total interest$5,737,517
Total paid$13,736,717

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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824 KING Street W, Kitchener — $9,999,000