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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 3 days ago

    745 King Street E

    Kitchener, ON·N2G 2M4·Near KING ST E/STIRLING AVENUE

    • 4166 sqft
    • Commercial Retail
    Kitchener real estate›X13503226
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Prime mixed use investment opportunity on king st e. Enjoy unparalleled high exposure and high traffic visibility at this prime mixed-use corner property situated at the intersection of King Street East and Stirling Avenue. This robust investment property generates over $101,000 in gross annual revenue and offers a rare combination of strong cash flow today and exceptional future redevelopment potential. The main floor commercial space, anchored by a long-term tenant, encompasses approximately 2,166 sq. ft. and extends into a fully functional lower level with a convenient walkout to a second parking area. The commercial space was extensively renovated in 2019 and benefits from exceptional exposure along one of Kitchener's busiest corridors. For owner operators and investors alike, the commercial unit is available for vacant possession, creating a unique opportunity for end users seeking a highly visible location. Further enhancing the property's appeal are 2 separate parking lots, one accessed from King Street and the other from Stirling Avenue, providing ample parking for customers, staff, and residents. The commercial tenant currently pays utilities and property insurance, helping to keep landlord's operating costs remarkably low. The upper levels feature three residential apartments consisting of two 1-bedroom units and one 2-bedroom unit, providing stable income with significant upside potential upon future tenant turnover. Ideally located within walking distance to the ION LRT and positioned within Kitchener's growing downtown development corridor, this property offers investors the rare opportunity to secure both immediate cash flow and long-term land development potential. Opportunities that combine strong income, future redevelopment possibilities, and vacant possession of commercial space are seldom available in today's market. Incredible Investment Opportunity.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 30, 2026ListedCurrentFor sale$1,200,000 —X13503226This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      3
      Heating
      Other
      Air conditioning
      Yes
      Water source
      Municipal
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 745 King Street E
    What's nearby

    Points of interest classified by the MLS® feed.

    • Major Highway
    • Public Transit
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $5,895
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $1,840
    1.84% mill rate · ON
    The market

    How this home sits in the Kitchener market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Kitchener market right now

    Average sold price, days on market, and closed-transaction count for Kitchener — sourced from MLS®.

    • Avg sold price
      $700,076
      Last 30 days
    • Median sold price
      $675,000
      Middle of the market
    • Days on market
      26 d
      Avg from list to close
    • Closed last 30d
      558
      MLS® transactions
    Full Kitchener market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 745 King Street E — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 745 King Street E and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 745 King Street E listed for?

      745 King Street E is listed at $1,200,000 on the MLS® (listing X13503226). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 745 King Street E have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

    Asking
    $1,200,000
    $288 / sqft · MLS® X13503226
    Chat Zara
  1. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $700,076
    $644,070Confidence range$756,082
    Asking vs estimate
    ↑↑well-above
    +$499,924
    (+71.4%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Kitchener sell in about 26 days — this one has been listed 3 days.

    Avg sold price
    $700,076
    Median sold
    $675,000
    Avg days on market
    26
    Recently sold
    558
    See comparable sales
    AI highlights by Zara
    • The main floor commercial space, anchored by a long-term tenant, encompasses approximately 2,166 sq. ft. and extends into a fully functional lower level with a convenient walkout to a second parking area.
    • The commercial space was extensively renovated in 2019 and benefits from exceptional exposure along one of Kitchener's busiest corridors.
    • Further enhancing the property's appeal are 2 separate parking lots, one accessed from King Street and the other from Stirling Avenue, providing ample parking for customers, staff, and residents.
    • Opportunities that combine strong income, future redevelopment possibilities, and vacant possession of commercial space are seldom available in today's market.
    Ask Zara a follow-up

    Parking & garage

    3
    Garage
    None
    Parking spaces
    12
    Driveway
    12
  2. Lot & land

    1
    Zoning
    c5
  3. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    Multi-Use
    Property class
    Commercial Retail
  4. Combined estimate
    $7,735
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $5,895
    /mo
    based on the purchase price of $1,200,000
    $240,000 cash
    $960,000 financed
    $808,572 total interest
    Monthly payment$5,895/ month
    Principal54%$960,000
    Interest46%$808,572

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    More commercial retails in Kitchener

    Active listings within ±20% of this asking price.

    • 64 Francis Street
      $1,400,000
      64 Francis Street
      Commercial Retail
    • 150 VICTORIA Street
      $1,399,000
      150 VICTORIA Street
      Commercial Retail
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  5. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  6. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  7. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  8. Public listing courtesy of RE/MAX TWIN CITY FAISAL SUSIWALA REALTY · displayed on Summitly per MLS® data-share rules

    745 King Street E is a 4166 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  9. When was 745 King Street E built?

    The year built for 745 King Street E isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  10. What is the property tax for 745 King Street E?

    The 'Property tax' tab in the History section shows the most recent annual tax for 745 King Street E plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  11. How much would the monthly mortgage be on 745 King Street E?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,200,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  12. Has 745 King Street E been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 745 King Street E with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  13. What neighbourhood is 745 King Street E in?

    745 King Street E is in Kitchener, Kitchener. The 'Neighbourhood' section below links to the live Kitchener real estate hub with average sold price, days on market, and current inventory.

  14. Is Kitchener a good place to live?

    Kitchener is one of ON's actively-tracked Summitly markets. The full Kitchener real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.