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Last Updated : 23 Days ago
41 King Street W, Kitchener, ON,
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41 King Street W, Kitchener MLS Number: 40676991

Kitchener, Waterloo, ON, N2G 1A1

$3,500,000

Status: For Sale

  • Area : 12988 sqft
  • Property Type: Commercial Sale (Mixed,Building and Land)
  • Property Taxes : $60124.52 (Tax Year:2024)
  • Listing Courtesy : Whitney & Company Realty Limited

41 King Street W Property Description

7% Cap Rate - Fully Leased, historic Income producing property located in the heart of Downtown Kitchener. Built in 1908, spanning 4 floors this multi Tenant property has been fully improved. All mechanical, electrical, fire rating, windows, roof and life safety systems have been modernized.The building is anchored by “Maxon”, a division of Nemetschek Group. A German based software vendor with a market capitalization of over $14B and yearly revenue over $1.1B. Maxon specializes in 3D modelling, animation and rendering software. They have invested heavily in the building with their Tenant improvements.The main floor retail Tenant Tamasha Resto Bar is a successful operation that exists in Toronto. They have a track record being professional operators and have created a unique experience combining Indian Fusion with entertainment.The NOI is $241,441.00. Current Lease expiries are Dec 31, 2028 for the Anchor Tenant Maxon and Aug 31, 2029 for Tamasha Resto Bar.

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41 King Street W Property Facts

Property Type :Commercial Sale
MLS Number :40676991
Listing Type :Sale
Possession Date :
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Last Updated :25 Feb, 2025 (23 Days ago)
Source :Waterloo Region
Area :Waterloo
City :Kitchener
Area Major :3 - Kitchener West
Area Minor :313 - Downtown Kitchener/West Ward
Postal Code : N2G 1A1
Directions :King Street between Ontario St S and Queen St S

41 King Street W Property Price & Tax Insights

Price : $3,500,000
Property Taxes :$60124.52
Tax Year :2024

41 King Street W, Kitchener Property Details

Approx Square Footage :12988 sqft

41 King Street W, Kitchener - Price History

2025-02

24 Feb, 2025

TREB #40676991

Price Change

$3,500,000

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  • 0
  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
  • $17,734
  • $6,384,234
  • $2,884,234

41 King Street W - Location Map and Landmarks

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FAQs: 41 King Street W, Kitchener

  • Q:What is the Area Size of the 41 King Street W In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately 12988 sq. ft and is strategically located in Waterloo. The MLS No of this project is 40676991 and the Project is located in ON, Canada
  • Q: Does this Project 41 King Street W available for Sale ?

    A: The project 41 King Street W is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 41 King Street W is Offering?

    A:Square Yards is giving a Cashback of $17,500 if you buy this property from us, however there are several key features offered by the 41 King Street W. You get 0+ Beds with Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 41 King Street W, Waterloo?

    A: 41 King Street W, Waterloo comes with 0+ Beds for maximum convenience and space. There are baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Waterloo, On?

    A:Waterloo, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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