Address
617 King Street N, Waterloo, ON
Price
$ 4,999,500

Your Agent

Khalid Butt

Sales Representative

416-745-2300


Listing provided by Khalid Butt, Sales Representative, REMAX West Realty Inc

Property Attributes
  • ID#X13490382
  • TypeCommercial
  • Listing Status New
  • CityWaterloo
  • NeighbourhoodWaterloo
  • Postal CodeN2V 2N3
  • StyleCommercial Retail
  • Taxes$ 79000
  • Price$ 4,999,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage16000
  • Lot Size1.48 Acres
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

VTB possible. Beautiful Banquet Hall approx. 15,500 sf building sitting on Approx. 1.50 acres with 4 halls (no kitchen/restaurant, but space available to add). Banquet Hall fully renovated last year. 75+ parking spaces. Banquet hall rooms renting on daily base and upcoming bookings already reserved. Site an also be looked at as a redevelopment as it's located in one of the most vibrant nodes of the region. Prime location with very large frontage on the main road and 3 entrances from main road. Large residential unit on second floor with separate entrance (can easily become 3 res units), 5 rooms, 2.5 bathrooms and kitchen with large dinning/lounge area. 1KM from highway 85. Located 500m down the street form Conestoga Mall and surrounded by all major retailers, hotels and big-box stores. VTB available up to 65% with flexible open terms. C5-81 Zoning allows most all retail uses if the current use is not of use to you. Current owner is retiring. MANY USES ARE POSSIBLE HERE. EVERYTHING FROM HOTEL TO COMMERCIAL SCHOOL AND FUNERAL HOME (AND MANY IN-BETWEEN)

Price History
6/25/2026 Listed $4,999,500

General Features

Cooling Yes
Utilities Yes
Security Features Yes
Heater Type Other
Property Subtype Commercial Retail
Tax Year 2025
Lot Depth 295.85
Community Features Major Highway,Public Transit
County Waterloo
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status New
City Waterloo
Senior Community Y/N No
Lot Size Units Acres
Property Attached Y/N No
Tax Annual Amount 79000.0
Building Area Units Square Feet
Standard Status Active
Occupancy Type Owner

Interior Features

Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No

Exterior Features

Garage Type Outside/Surface
Spa No
Building Area Total 16000.0
Lot Size Source MPAC
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in N2V 2N3

Price
AVG $5M
$5M
Taxes
AVG $79,000
$79,000
Visits
AVG 2
1
Data Provided by Inside Real Estate®

Your Agent

Khalid Butt

Sales Representative

416-745-2300


Listing provided by Khalid Butt, Sales Representative, REMAX West Realty Inc

Listed By
RE/MAX TWIN CITY REALTY INC.