64 KING STREET E
Rideau St.Lawrence · K6V1B3
$699,900
About this residence
Unlimited Opportunities: Investment Property Overview - The Opportunity-This is an investment with limitless potential-operate a restaurant, repurpose for professional offices, or maintain a hybrid use that maximizes all available revenue channels. This unique multi-use property presents exceptional potential for both investors and entrepreneurs. Featuring three income-generating apartment rentals, a versatile commercial restaurant or office space, and ample on-site parking, this property offers multiple revenue streams and outstanding flexibility. Once home to professional offices before becoming a restaurant, the space can easily be adapted to suit a variety of business models. Key Features-Apartment Rentals. Three separate residential units, each with well-designed layouts. Strong potential for steady income from long-term tenants or short-term leases (currently $3150.00 per month). Opportunity to renovate or modernize for increased rental value. Restaurant or Office Space-commercial space currently configured as a restaurant. Offers both indoor dining and a large outdoor patio. Can be reconverted to office space or adapted for other commercial uses. Ample on-site parking for tenants, customers, and employees. A convenient layout ensures accessibility and a positive visitor experience. Diverse Income Streams-Income potential from apartment rentals, restaurant operations, and parking (if monetized). A balanced portfolio opportunity for investors seeking stability and growth. The commercial portion supports multiple service models: full-service dining, takeout, catering, or office conversion. Well-designed layout with several distinct dining areas: Sunroom: seats up to 29 guests, perfect for casual meals or private gatherings. Heritage Dining Room: Warm, classic ambiance with seating for 45 guests, ideal for fine dining or special events. Patio: Expansive outdoor area accommodating 73 guests. . Capitalize dynamic on high-visibility location. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Multi-Family
- Bathrooms
- 3
- Lot size
- 57.01 x 143.64 FT
- Frontage
- 57 feet
- Annual tax
- $12,597
- MLS®
- X12581524
- Board
- Rideau St.Lawrence
- Status
- Active
- Listed
- Nov 27, 2025
- Updated
- Nov 27, 2025
Features & finishes
Heating
- Forced air
- Natural gas
Lot
- Irregular lot size
Financing
Estimated monthly payment
$3,273/mo
Loan amount
$559,920
Down payment
$139,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Rideau St.Lawrence
Nearby
About the area
Census · K6V- 28,174
- Population
- 52
- Median age
- $68,500
- Median income
- $324,000
- Median home value
- 63%
- Home ownership
- 19 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 64 KING STREET E?
64 KING STREET E is listed for $699,900, in Rideau St.Lawrence.
How many bedrooms and bathrooms does 64 KING STREET E have?
It offers — bedrooms and 3 bathrooms.
What type of home is 64 KING STREET E?
64 KING STREET E is a Multi-family, Multi-Family.
How large is 64 KING STREET E?
The home offers a lot measuring 57.01 x 143.64 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $3,273. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $12,597 per year.
What is the Rideau St.Lawrence area like?
Rideau St.Lawrence has a population of about 28,174, a median age of 52, a 63% home-ownership rate, with an average commute of about 19 minutes.
What is the average home value in Rideau St.Lawrence?
The median dwelling value in this area is approximately $324,000, based on census data via Neighbourly.
What is the median household income in Rideau St.Lawrence?
The median household income in this area is approximately $68,500.
Similar residences
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