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$725,000

507 King Street

Beds

3

Baths

3.1

Sqft

Year

1988

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

A rare opportunity offering exceptional space, versatility, and value. With over 3,800 sq ft of quality-built living space on an impressive 19,500sqft (0.45 acre) corner lot, this property presents endless possibilities for homeowners, investors, or entrepreneurs alike. Fully Renovated in 2009, the main residence spans approximately two-thirds of the building and is thoughtfully designed for comfortable, one-level living with wide hallways, generous entryways, and a seamless layout make this home both functional and inviting. The spacious kitchen is a standout feature, complete with quality cabinetry, ample counter space, and a large pantry, flowing naturally into the bright dining area filled with natural light. The living room offers a built-in entertainment centre and fireplace, creating a warm and welcoming atmosphere. This section includes 3 bedrooms and 2 full bathrooms, including a well-appointed primary suite featuring custom closet organization and a private ensuite with both a shower and soaker tub. In-floor heating throughout the main living area ensures year-round comfort. Additional highlights include a massive mudroom, abundant storage, an attached garage/workshop, and access to a private back patio ideal for outdoor enjoyment. The remaining portion of the building, previously operated as a clinic, offers incredible flexibility. With its own entrances, parking access, laundry, bathroom, reception area, office space, and storage rooms, this area could easily be converted into a secondary residential unit, in-law suite, rental opportunity, or continued commercial use. Separate power meters and heating systems allow for independent operation and billing. Positioned on a high-visibility corner lot with parking available at the front, side, and rear, this property is perfectly suited for a live-work setup or income-generating investment. A property of this size, quality, and versatility at this price point is truly a rare find. (id:65958)

Subtype
Single Family
Architectural style
Other
Structure
House
Community
New Waterford
Common interest
Freehold
Living area
3,824 square feet
Lot size
0.45 acres
Lot dimensions
0.4477
Bedrooms
3 above grade, 0 below grade
Stories
1
Fireplace
Yes
On market
Mar 20, 2026
Status changed
Apr 14, 2026
Photos
47
MLS#
202605047
Area
NEW_WATERFORD

Features and systems

Parking

Attached GarageGaragePaved YardOtherParking Space(s)

Basement

None

Appliances

WasherRefrigeratorDishwasherDryer

Exterior

BrickVinyl

Flooring

TileHardwoodCarpeted

Foundation

Concrete SlabPoured Concrete

Lot

Level

Community

School BusRecreational Facilities

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for New Waterford. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,939/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.

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