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For saleMLS® X13848572

3188 King Street E, Kitchener, ON N2A 1B3

$1,350,000

$690 / sq ft

1 months on market

Total area
1,957 sf
Lot
118.44 × 82.33 ft

What's special

  • Yes

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About this property

3188 King St E presents a rare mixed-use opportunity in Kitchener's established east end, offering excellent King Street exposure, strong visibility, and convenient access to Highway 8, Fairway Road, Sportsworld, Cambridge, and the broader Waterloo Region. Situated on approximately 0.209 acres, this 1,957 sq. ft. property features three main-floor commercial units and a second-floor 4-bedroom apartment, providing a versatile combination of commercial and residential income. The residential unit currently generates $3,250/month in rental income, while Commercial Unit 1 is leased at $1,850/month. The remaining two commercial units will be delivered vacant on closing, providing flexibility for an owner-user, new tenants, or additional leasing opportunities. The property also benefits from a new 2-ton HVAC unit, 11+ parking spaces, and a prominent pylon sign for enhanced street visibility. Zoned COM-2, the property accommodates a broad range of permitted commercial uses, including retail, office, health clinic, pet services, auto sales, and more. Its strategic location near major arterial routes, transit, established commercial areas, and ongoing east Kitchener development further enhances its appeal. With existing rental income, flexible commercial space, ample parking, and strong exposure, 3188 King St E offers an exceptional opportunity for investors and owner-users alike.

Property details

Property

Property type
retail
Interior size
1,957 sq ft
Lot size
118.44 × 82.33 ft
Zoning
COM-2
Possession
Flexible

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Costs

List price
$1,350,000
Property taxes
$9,062 / year (2026)
Price per sq ft
$690

Listing

MLS® number
X13848572
Status
For sale
Listed
October 1, 2026
Days on market
35
Last updated
October 1, 2026
Listing brokerage
ENGEL & VOLKERS TORONTO CENTRAL

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 94% of comparable retail listings in Kitchener are asking less.

$330.40000000000003Median $169K$1.25M
This home
$690 / sq ft
Comparable median
$68 / sq ft

Based on 17 comparable active retail listings in Kitchener. These are asking prices, not sale prices.

Mortgage estimate

Down payment8.1% · minimum $110,000
$110,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$6,856.17
Property tax (est.)
$755.17
Estimated monthly
$7,611

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$23,475
Total due on closing
$23,475

An estimate on the asking price of $1,350,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ENGEL & VOLKERS TORONTO CENTRAL. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,350,000

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