Listed for:Listed 14 days ago
$1,350,000

3188 King Street E

Kitchener (Chicopee/Freeport), ON N2A 1B3

Store W Apt/Office For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 3188 King Street E, Kitchener, Chicopee/Freeport

No listing history available

Real estate boards require you to or to see the full details of this property.

*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 3188 King Street E, Kitchener, Chicopee/Freeport

Summarized Description

  • Rare mixed-use property in Kitchener's east end.
  • Generates strong existing rental income.
  • Flexible commercial space with leasing options.
  • New HVAC unit and ample parking available.
  • Zoned for diverse commercial uses.
  • Excellent visibility and access to major routes.
  • Prominent signage enhances street presence.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$9,062
Land Transfer Tax Fee
$23,475

Interior Features

Security Features
No
Fireplace/Stove
No
Elevator
No

Building

Building Type
Store W Apt/Office

Lot

Lot Front
118.44 ft
Lot Depth
82.33 ft

Parking & Garages

Garage Type
None
Parking Spaces
11

Heating & Cooling

Heat Type
Gas Forced Air Closed
Air Conditioning
Yes
Water
Municipal

Municipality
Kitchener
Neighbourhood
Chicopee/Freeport
Main cross streets
Fairway Road
Zoning
COM-2
Directions
located on King St E chicopee area

MLS® number
X13848572
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-01
Updated on
2026-10-01
Days on market
14 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
Engel & Volkers Toronto Central

Home Market Value

Current home valuation for 3188 King Street E, Kitchener, Chicopee/Freeport, Kitchener, ON. Listed for $1,350,000

HOMEH Estimate

?

—

Estimated Sales Range

?

—

HOMEH Estimate for 3188 King Street E, Kitchener, Chicopee/Freeport

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

Insufficient Data
See the full analysisFree Every recent nearby sale behind this number

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Kitchener, ON
Minimum Down Payment Required:8.1%

5% on first $500K + 10% on $850,000 over $500K

Minimum down payment

$110,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$49,572$37,665$32,130$0
=Total mortgage
$1,288,872$1,252,665$1,179,630$1,080,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$6,293monthly$6,116monthly$5,760monthly$5,273monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$23,475

Total Land Transfer Tax

$23,475

Around this home

0/100Loading...
0/100Loading...
0/100Loading...
Map unavailable

No schools found nearby

Ask HOMEH

New!
H

Hi there!

👋

Text or call (416) 301-9001

Recommended for you

Based on homes you've looked at.

No recommended properties found.

Nearby similar homes

No nearby properties found.