$3,700,000
For sale: Other

Exceptional opportunity to own a premium detached commercial Property in Deer Ridge / Hidden Valley in the heart of Waterloo Region.This luxuriously designed, modern, open-concept layout featuring numerous private rooms, with a Full basement providing additional functional space. 24 on-site private parking spaces, Abundant natural light, approximately 40,000 vehicles passing daily, offering excellent visibility and exposure, Private kitchen, washrooms, and laundry facilities. making it an excellent choice for a wide range of commercial uses, including: *Financial institutions and banks *Private schools and educational facilities *Medical and professional offices *Showrooms and retail concepts *Fitness centres and gymsSports and recreational facilities *And much more .... Prime Location Situated and surrounded by a wide range of established amenities, including: Costco and Home Depot, Banks and financial services, Restaurants and pharmacies, Schools and parks, A variety of retail and commercial businesses, Conveniently located just minutes from Highway 401, this property offers excellent accessibility for customers, employees, and clients throughout Kitchener, Waterloo, Cambridge, and the surrounding Waterloo Region. King street widening is being designed so it can accommodate ION LRT toward Cambridge in the future which should add a lot to the current property value.
Sold data
Homes in Kitchener took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 38, across 490 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.
The median sale price was $649,450.
Homes sold for about 1.3% below asking on average, so there was room to negotiate.
About 37% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 490 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Kitchener has 66 Fraser Institute–rated schools (57 elementary and 9 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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