Connie Huibers - Coldwell Banker Momentum Logo
$4,999,500
( $312.47Per Sq Foot )
 $26,838 est/mo Sourced by Back At You

617 King Street N,Waterloo, ON N2V 2N3

Waterloo, ON N2V 2N3

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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)

Details

MLS #40842809
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Days On Site75
Listing Provided ByRE/MAX TWIN CITY REALTY INC. | Tony Johal

Features

SQ Feet16,000
Story(s)1
ZoningC5-81
Acreage1.52

Interior

Cooling Yes / NoNo

Exterior

Lot FeaturesAirport, Business Centre, High Traffic Area, Hospital, Major Anchor, Public Transit

Utilities

SewerSewer (Municipal)

Taxes

Tax Annual Amount79000

Area Information

ProvinceON
RegionWaterloo
CityWaterloo
Postal CodeN2V 2N3
Area1 Waterloo East
Subarea118 Colonial Acres | East Bridge
Community Name118 Colonial Acres/East Bridge
Listing VS Median (in 118 Colonial Acres/East Bridge)
Price:
$4,999,500
low | high
Med:
$634,950
100% of Average
sqft:
16,000
low | high
Med:
1,272
100% of Average
$ / sqft:
$312
low | high
Med:
$508
12.586803645858% of Average
On site:
75
low | high
Med:
42
100% of Average
Sourced by Back At You

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Learn More About This Property

Connie Huibers

Connie Huibers

Momentum Realty

Real Estate Broker (905) 988-7778connie-huibers@coldwellbanker.ca
ProvinceON
RegionWaterloo
CityWaterloo
Postal CodeN2V 2N3
Area1 Waterloo East
Subarea118 Colonial Acres | East Bridge
Community Name118 Colonial Acres/East Bridge
Listing VS Median (in 118 Colonial Acres/East Bridge)
Price:
$4,999,500
low | high
Med:
$634,950
100% of Average
sqft:
16,000
low | high
Med:
1,272
100% of Average
$ / sqft:
$312
low | high
Med:
$508
12.586803645858% of Average
On site:
75
low | high
Med:
42
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $3.749M - $6.249M
sqft: 12,000 - 20,000
Nearby Listings Property ImageNearby Listings Details
617 King Street N Property Photo 1
$4,999,500
617 King Street N
Waterloo, ON N2V 2N3
Listing Updated: August 7, 2026 at 11:10:07 AM PDT

Connie Huibers - Coldwell Banker Momentum