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21 King St N 2,800 SF 100% Leased Retail Building Waterloo, ON N2J 2W6 $1,295,000 CAD ($462.50 CAD/SF) 5.75% Cap Rate


INVESTMENT HIGHLIGHTS
- Property has high exposure on King Street.
- 1,800 square foot retail unit on ground floor available.
- Income includes month-to-month residential tenants.
EXECUTIVE SUMMARY
Exceptional mixed-use investment opportunity in the heart of Uptown Waterloo, situated on high-visibility King Street. The property features approximately 1,800 sq. ft. of main floor commercial space, ideal for retail or office use. The upper level includes two well-maintained 1-bedroom residential units, currently leased on a month-to-month basis, offering steady income with flexible occupancy options. Located steps from public transit and surrounded by a full range of amenities, this property provides stable cash flow with long-term growth potential in a thriving urban core
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,800 SF
Building Class
C
Year Built
1869
Price
$1,295,000 CAD
Price Per SF
$462.50 CAD
Cap Rate
5.75%
NOI
$74,480 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.61
Lot Size
0.04 AC
Zoning
U1-16
Frontage
19’ on King St N
Walk Score®
Walker's Paradise (98)
Bike Score®
Biker's Paradise (95)
NEARBY MAJOR RETAILERS
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21 King St N
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