824 King St
Kitchener, ON N2G 1G1
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 spacesa 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!
Key Facts
MLS® #
X12469416
Days on market
223
Listed
Oct 15, 2025
Updated
Feb 19, 2026
Tax
$42,000
Size
5000 + sqft
Lot
90.15 × 433.75 Feet
Parking
None, 72 Parking
Listing History
Buy/Sell history for 824 King St, Kitchener, ON
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| 2025-10-15 | N/A | $9,999,000 | N/A | Ext | X12469416 |
Property Details
Property
Inside
Utilities
Building
Parking
Land
Additional Details
Rooms (12)
Room 1
Room 2
Room 3
Room 4
Room 5
Room 6
Room 7
Room 8
Room 9
Room 10
Room 11
Room 12
Comparable Sales
Estimated Market Value
$7,500,266
Range: $6,649,603 — $8,350,928
Estimated by AI based on market data. For informational purposes only.
Mortgage Tools
Mortgage calculator
Monthly Payment
$45,836
- Down payment$1,999,800
- Mortgage amount$7,999,200
- Total interest$5,751,600
- Total cost$15,750,600
Cash flow analysis
Total monthly payment
$49,336
Break-even down payment
100%
Location
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