202 BREITHAUPT Street, Kitchener, ON N2H5H4
202 BREITHAUPT Street, Kitchener, ON N2H5H4
202 BREITHAUPT Street, Kitchener, ON N2H5H4
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$799,000
Est. payment /mo
4 Beds
5 Baths
2,788 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2788

Square Footage 2,788 sqft

Price per Sqft $286

Subdivision 114 - Uptown Waterloo/North Ward

MLS® Listing ID 40833193

Bedrooms 4

Year Built 1985

Property Sub-Type Freehold

Property Description

An exceptional investment asset with high-yielding revenue streams in the heart of Kitchener's thriving tech and innovation hub. Strategically positioned on a massive 0.24-acre lot with EMP-1 Employment Zoning, this highly versatile property features a multi-unit residential building plus a rare, substantial concrete block detached garage compound. The primary building consists of four tenanted one-bedroom units plus an additional bonus studio space offering immense value-add potential, all serviced by robust radiant heating. Completely independent from the residential leases, the four garage bays operate as distinct, cash-flowing commercial and storage rental units equipped with their own separate hydro meters, including an active automotive shop with excellent street visibility and signage. Generating cash flow with immediate scaling potential, the property also features a massive asphalt driveway accommodating eleven off-street parking spaces. Located just steps from major transit lines, commuter rail links, tech employers, highway access, and downtown amenities, this recession-proof portfolio addition appeals equally to commercial owner-operators, traditional multi-residential investors, and premium value-add buyers looking to secure a dominant footprint in a premier location. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Cooling None

Exterior

Parking Features Yes

Community Features Industrial Park

View Y/N No

Attached Garage No

Total Parking Spaces 15

Garage Yes

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by Royal LePage Wolle Realty

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Paul Shantz
Paul Shantz

Agent | License ID: 6008661

+1(519) 829-8656

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202 BREITHAUPT Street