686 E King Street
Kitchener
N2G 2M3
$1,399,000
Residential Income
beds: 2
baths: 2.0
2,850 sq. ft.
built: 1902
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 40764813
- Bedrooms:
- 2
- Bathrooms:
- 2
- Year Built:
- 1902
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LOCATION IS EVERYTHING! Excellent investment opportunity in a prime central location on King Street East in Downtown Kitchener. This fully leased (all leases month to month), mixed-use property features a high-visibility commercial frontage currently occupied by a barbershop, plus four well-maintained residential units. The site includes 11 parking spaces. Zoned MU-2 (Mixed Use), the property allows for a wide range of commercial and residential uses and strong potential for urban redevelopment. 2024 hydro: $2718.22 2024 Water and Gas: $4002.30 Repairs and Maintenance 2024: $4297.63
- Property Type:
- Residential Income
- Property SubType:
- Multi-5 Unit
- Year built:
- 1902 (Age: 123)
- Listing General Location:
- 212 - Downtown Kitchener/East Ward, 2 - Kitchener East
- Bedrooms:
- 2
- Bathrooms:
- 2.0 (Full:-/Half:-)
- Lot Details:
- 50.09 x 110.19
- Lot Depth:
- 110'2"
- Lot Frontage:
- 50'1"
- Kitchens:
- 0
- Elementary School:
- Sheppard P.S. , St. Anne
- High School:
- Cameron Heights C.I. , St. Mary's
- County Or Parish:
- Waterloo
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
- Construction:
- Brick, Wood Siding
- Basement:
- Full, Partially Finished
- Roof:
- Asphalt Shing
- Number of Storeys:
- 2
- Number of Buildings:
- 0
- Total Floor Area:
- 2,850 sq. ft.
- Finished Area Above Grade:
- 1,900 sq. ft.
- Finished Area Below Grade:
- 950 sq. ft.
- Fireplace:
- false
- Laundry Features:
- None
- Water Supply:
- Municipal
- Sewer:
- Sewer (Municipal)
- Cooling:
- Ductless, Wall Unit(s)
- Heating:
- Natural Gas, Radiator
- None
- Refrigerator, Stove
- None
- false
- No
- Corner of King St And Fairview Ave
- No
- HST Applicable To Sale Price:
- Yes
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
- Electric Expense:
- $2,718.22
- Insurance Expense:
- $5,250
- Expenses:
- Actual
- Trash Expense:
- $0
- Utilities Expense:
- 4002.3
- Net Income:
- $33,207.5
- Lease to Own Equipment:
- None
- Leases:
- Yes
- Zoning:
- MU-2, 541R
- Lot Site Features:
- Ample Parking, City Lot, High Traffic Area, Highway Access, Public Transit, Shopping Nearby
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
- Parking:
- Asphalt, Guest
- # Of Total Parking Spaces:
- 11.0
- # Of Open Parking Spaces:
- 11.0
- Driveway Parking:
- Front Yard Parking, Outside/Surface/Open, Visitor Parking
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 1
- Num Efficiency Units:
- 0
- Num Loft Units:
- 1
- Num Other Units:
- 1
- Num Penthouse Units:
- 0
- Num Studio Units:
- 0
- Num Occupied Units:
- 5
- Listed Date:
- Sep 02, 2025
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Listed by RE/MAX SOLID GOLD REALTY (II) LTD.
Data was last updated October 26, 2025 at 07:50 PM (UTC)
Area Statistics
- Listings on market:
- 10
- Avg list price:
- $1,192,000
- Min list price:
- $599,000
- Max list price:
- $13,500,000
- Avg days on market:
- 39
- Min days on market:
- 23
- Max days on market:
- 82
- Avg price per sq.ft.:
- $361.97
These statistics are generated based on the current listing's property type
and located in
212 - Downtown Kitchener/East Ward. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- CHRIS GEHL
- RE/MAX SOLID GOLD REALTY
- 1 (226) 3386840
- Contact by Email
RE/MAX Solid Gold Realty
Office Address:
180 Weber Street South
Waterloo, ON, N2J 2B2