A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 824 King St, Kitchener Ontario N2G 1G1
4 days on Market

824 King St, Kitchener, Ontario N2G 1G1

In the same building:
-
Condo
-
35
~26000 sqft
$•••,•••
$999,999
Get pre-qualifiedPowered by Neo Mortgage
Buy with Wahi to get
Up to
$10,000Cashback
Condo
-
35
~26000 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$38/sqft

Est. Mortgage$4,295/mo

Tax Amount (2025)$42,000/yr

Days On Market4 days


Description

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!


Property Details

StyleResidential Income
View-
Age of property-
SqFt~26000 SqFt
Lot Size39,102 SqFt(433.75 x 90.15)
Parking Spaces72
MLS ®Number40722401
Community NameKw Hospital
Data SourceITSO
Listing byReal Broker Ontario Ltd.

Features

Heating: Heat Pump
Cooling: Other
Basement: Full, Partially Finished

Features

Lot size: 39,102 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 72


4Story
Elevator
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Apr 28, 2025
ListedActive
$999,999
4 days on market
history photo preview14
Listing by itso®
Property listed by Real Broker Ontario Ltd., Brokerage

Get up to 1% cashback when you buy your dream home with Wahi Cashback

Cashback Banner Image

A new way to buy a home that puts cash back in your pocket.

  • Our in-house Realtors do more deals and bring that negotiating power into your corner
  • We leverage technology to get you more insights, move faster and simplify the process
  • Our digital business model means we pass the savings onto you, with up to 1% cashback on the purchase of your home

Market Data - Kw Hospital

Geo Zone Map ThumbnailKw Hospital

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

32 days

Compared to

2024

102 days

2023

18 days

2022

0 day

New Listings

Past 30 days

8 listings

Compared to

2024

22 listings

2023

5 listings

2022

4 listings

Units sold

Past 30 days

4 units

Compared to

2024

1 unit

2023

1 unit

2022

0 unit

Median Sold Price

Past 30 days

$425,000

Compared to

2024

$452,000

2023

$553,000


Population and Demographics

Overview

Total population 1881
Average household income $120,215

Age (%)

20 to 34
35%
35 to 49
20%
50 to 64
16%
65 and plus
16%
0 to 19
13%

Household composition (%)

Single person
48%
Single family
45%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
87%
Others
4%
Spanish
2%
Mandarin
1%
German
1%
French
1%

House tenancy (%)

Renters
67%
Owners
33%

Schools and amenities

Estimated Budget