617 King Street N, Waterloo, ON N2V 2N3
Waterloo · Near NORTHFIELD DR E / KING ST N · View map
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)
The home
- Type
- Commercial retail
- Square footage
- 16000 sq ft
- Lot size
- 224.3 x 295.9 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Air conditioning
- Yes
Garage & parking
- Garage
- Outside/Surface
- Total parking
- None
Taxes & other
- Property taxes
- $79,000/yr
- Tax year
- 2025
- Occupancy
- Owner
- Cross street
- NORTHFIELD DR E / KING ST N
More
- MLS® number
- X14125168
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
617 King Street, Waterloo, ON N2V 2N3
Waterloo · Near NORTHFIELD DR E / KING ST N
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Listing history for 617 King Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 617 King Street N
Answers come straight from this home’s MLS® listing.
How much is 617 King Street N listed for, and what would it cost each month?
617 King Street N is listed for $4,999,500. With 20% down ($999,900), the mortgage payment would be roughly $20,167 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $26,750 a month, all in. That figure is an illustration, not a quote.
Is 617 King Street N freehold or a condo, and is there a monthly fee?
617 King Street N is a commercial retail in Waterloo. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 617 King Street N have a garage and parking?
Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.
What style of home is 617 King Street N?
617 King Street N is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 617 King Street N, and what is the lot size?
The lot is listed as 224.3 x 295.9 ft.
How is 617 King Street N heated and cooled?
Cooling is yes.
What are the property taxes for 617 King Street N?
Property taxes are $79,000 a year (2025), or about $6,583 a month.
Where is 617 King Street N?
617 King Street N is in Waterloo. The nearest main intersection is NORTHFIELD DR E / KING ST N. The postal code is N2V 2N3.
Is 617 King Street N still for sale?
Yes. It is an active listing (MLS® X14125168). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 617 King Street N asking?
Similar properties for sale nearby right now include 440 Weber Street N at $4,999,999, 309-311 HAWTHORN Street at $3,499,999 and 16 Kraft Drive at $4,950,000 (3+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 617 King Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 617 King Street N?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Waterloo, picked by style, size and price.
Commercial retail$4,999,999440 Weber Street N, WaterlooCourtesy of: Bosley Real Estate Ltd.View home →
Investment$3,499,999309-311 HAWTHORN Street, WaterlooCourtesy of: HOMELIFE LANDMARK REALTY INC.View home →
Detached home$4,950,00016 Kraft Drive, Waterloo3+1 bed · 5 bathCourtesy of: THE AGENCYView home →Courtesy of: RE/MAX TWIN CITY REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.