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For sale · MLS® X14125168

617 King Street N, Waterloo, ON N2V 2N3

Waterloo, ON N2V 2N3

$4,999,500Property tax (2025): $79,000 / year
9 Days on MLSCommercial Retail224.34 ft × 295.85 ft Lot dimensions1.48 ft Lot size
Quick cost estimateKnown monthly subtotal$29,845.21 / monthLand transfer tax $96,465One-time estimate
PLANNING ESTIMATE

Quick cost estimate

$29,845.21 / month

Known monthly subtotal

Mortgage principal & interest
$23,261.87
Property tax / month
$6,583.33
Maintenance / month
Period / amount not reported

Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.

Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.

Land transfer tax · one time

Transfer tax total
$96,465

Before rebates, surcharges and fees. Not part of the monthly subtotal.

Tax assumptions & breakdown

Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.

Ontario tax
$96,465
Toronto municipal tax
$0

Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.

Ontario rates · Toronto rates (April 2026)

Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.

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About this home

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)

Home details

Days on market
Not reported
Property type
Commercial Retail
MLS® number
X14125168
Source status
New
Postal code
N2V 2N3
Building area (total)
16,000 sq ft
Lot size
1.48 ft
Lot depth
295.85 ft
Garage parking spaces
Not reported
Total parking spaces
Not reported
Occupancy
Owner
Possession type
Other
Garage
Outside/Surface
Annual property tax
79000
Heating system
Other
Cooling
Yes
Utility services
Yes
MLS entry age (not confirmed DOM)
9 days

These details come from the listing source. Please confirm measurements and fees before making a decision.

Utilities and services

Reported utility services
Yes
Heating system
Other
Cooling
Yes

A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.

Rooms & virtual tours

Room measurements

Room measurement units

Loading source-reported room dimensions…

Converted measurements are approximate. Levels and dimensions are shown only when supplied.

Room-count details have not been supplied for this listing.

Ask the listing brokerage for floor plans and measured room layouts.

PARTIAL SOURCE RECORD

Listing dates & price record

Asking amount
$4,999,500
  1. Original MLS entry

    Entry into the source MLS system; distinct from days on market.

Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.

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Nearby homes sold near 617 King Street N, Waterloo, ON N2V 2N3, Waterloo

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Estimate monthly costs

Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.

Enter assumptions

Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

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Map and neighbourhood

Region / county
WATERLOO
Municipality
WATERLOO

A confirmed map location is not available for this home yet.

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PLAN YOUR ROUTE

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Around this property

Schools, transit & everyday places

Published local sources. Distances are approximate straight-line distances, not walking routes.

Nearby schools

No nearby schools were returned by the current Ontario school dataset for this property. School ratings and attendance boundaries are not included.

Transit near this property

No current nearby stops were returned by the installed TTC, GO Transit and UP Express datasets. Coverage and service dates vary; distances and travel times are not inferred.

Nearby shops & amenities

No nearby places were returned by the current OpenStreetMap snapshot. Coverage is regional and may be incomplete; verify business details before visiting.

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Similar homes for sale in Waterloo

Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.

Property questions

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Are the measurements and features independently verified?

Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.

What do nearby school, transit and shop results mean?

They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.

Can I see sold prices for nearby properties?

Sold and leased comparable records are shown only to approved VOW users where the source permits display. Sign in or request VOW access if prompted.

How should I use the monthly cost estimate?

It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.

Home and neighbourhood overview

617 King Street N, Waterloo, ON N2V 2N3, Waterloo is listed for sale as a Commercial Retail. The listing reports lot size reported as 1.48 ft. Asking price: $4,999,500. Occupancy is reported as Owner. Review the Home details, room measurements and utility sections below to compare reported specifications; confirm important details with the listing brokerage. MLS® X14125168.

Local context

Explore the area: Waterloo.

This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.

Listing brokerage: RE/MAX TWIN CITY REALTY INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14125168. Information deemed reliable but not guaranteed.

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Property at 617 King Street N, Waterloo, ON N2V 2N3