46 College ST, Kitchener, ON N2H 5A1
46 College ST, Kitchener, ON N2H 5A1
46 College ST, Kitchener, ON N2H 5A1
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Paul Shantz

Paul Shantz

+1(519) 829-8656
$12,995,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID X12743170

Annual Tax Amount $161,341

Tax Year 2026

Property Sub-Type Investment

Property Description

Offered together as one opportunity: 46-56 College Street and 58 & 64 Weber Street West in downtown Kitchener. Four updated low-rise walk-ups totalling 74 residential suites in a high-demand urban core location. 46-56 College Street (46 suites) offers renovated interiors with modern kitchens, stainless steel appliances, gas fireplaces, and individual thermostats, plus 17 surface parking stalls. 58 & 64 Weber Street West (28 suites) present turnkey interiors with modern kitchens and flooring, heating via in-suite gas fireplaces/baseboards, separate hydro, and 16 surface parking stalls. Prime, walkable location steps to ION LRT, GO Transit, Victoria Park, City Hall, Grand River Hospital, Uptown Waterloo, Market Square, restaurants, and the innovation district. Strong rental demand supported by professional operations with clear rental upside as suites turn over, offering a stable cash-flowing asset with long-term growth potential. Properties are marketed and conveyed together as one transaction on separate PINs with common debt structure, presenting investors with scale, efficiency, and a strong value-add repositioning play. Detailed financials, rent rolls, P&L statements, and property information available to qualified buyers upon execution of a confidentiality agreement.

Location

Province ON

County Waterloo

Area Waterloo

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 129.84

Others

ParcelsYN No

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Listed by REAL BROKER ONTARIO LTD.

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Paul Shantz
Paul Shantz

Agent | License ID: 6008661

+1(519) 829-8656

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46 College ST

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