Sold for:Sold Mar 11, 2025
$1,275,000

976 King Street W

Kitchener, ON N2G 1G4

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 976 King Street W, Kitchener

2025-01-23
2025-03-11
Sold
Price
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MLS#
x11937925

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*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 976 King Street W, Kitchener

This unique single-family detached home on King Street West offers an exceptional opportunity for those seeking a property with both residential and commercial potential. Currently being used for commercial purposes, the main floor features a fully renovated space that has operated as a salon, while the upper level remains a spacious residential unit. The property is ideally located across from Grand River Hospital, providing high visibility and easy access. Over $43,000 in recent upgrades have been completed, including a fully updated basement with modern plumbing, new flooring, fresh paint, and updated stairs. A new furnace, AC, and water softener were installed in 2022, and a backflow prevention system was added in 2024. The exterior has been freshly painted, and new concrete patio slabs enhance its curb appeal. The upper residential unit is equipped with modern appliances, including a washer, dryer, and dishwasher, making it comfortable for tenants or owners. The salon space on the main floor is move-in ready, with prior renovations to plumbing and electrical systems to support commercial use. While currently used for business purposes, this space could easily revert to a more traditional residential layout if desired. With its prime location, extensive modern upgrades, and the ability to serve both residential and commercial needs, this property presents a fantastic opportunity for investors or those looking to live and work in a vibrant neighbourhood.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,970
Land Transfer Tax Fee
$21,975

Rental Items

Rental Equipment
Hot Water Heater

Basement Type
Full, Finished

Interior Features

Interior Extras
Other
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
2-Storey
Approx Age
100+

Construction

Exterior Finish
Brick, Wood
Roof
Asphalt Shingle
Foundation Details
Unknown
Special Designation
Unknown

Lot

Lot Front
38.00 ft
Lot Depth
124.00 ft

Inclusions

Inclusions
Upstairs unit - Fridge, Stove, Dishwasher, Range hood, Stacked Front Load Dishwasher and Dryer. Main Floor unit - Basement Fridge, Washer, Dryer, Dishwasher

Parking & Garages

Garage Type
None
Garage Spaces
7
Parking Spaces
7
Total Garage And Parking Spaces
7

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
1
Washrooms
2
Kitchens
1

Room sizes

  • Other—
    Main level
  • Other—
    Main level
  • Other—
    Main level
  • Bedroom—
    Upper level
  • Dining Room—
    Upper level
  • Living Room—
    Upper level
  • Kitchen—
    Upper level
  • Den—
    Lower level
  • Laundry—
    Lower level
  • Recreation—
    Lower level
  • Other—
    Lower level
  • Utility Room—
    Lower level

Washrooms

  • 2-piece, Main
  • 3-piece, Second

Municipality
Kitchener
Main cross streets
Union Blvd/ Union St E
Zoning
U2-20

MLS® number
X11937925
Data source
Toronto Regional Real Estate Board
Status change
2025-03-11
Listed on
2025-01-23
Days on market
47 days
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
CORCORAN HORIZON REALTY

Home Market Value

Current home valuation for 976 King Street W, Kitchener, , . Listed for $1,275,000

HOMEH Estimate

?

$857,306

Estimated Sales Range

?

$600,114 - $1,114,498

HOMEH Estimate for 976 King Street W, Kitchener

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

$857,306Low confidence
Based on 3 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Minimum Down Payment Required:8.0%

5% on first $500K + 10% on $775,000 over $500K

Minimum down payment

$102,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$46,869$35,573$30,345$0
=Total mortgage
$1,218,594$1,183,073$1,114,095$1,020,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$5,950monthly$5,776monthly$5,440monthly$4,980monthly
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Land Transfer Tax

Provincial

$21,975

Total Land Transfer Tax

$21,975

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