67 LOUISA Street, Kitchener, ON N2H5L9
67 LOUISA Street, Kitchener, ON N2H5L9
67 LOUISA Street, Kitchener, ON N2H5L9
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$1,750,000
Est. payment /mo
9 Beds
7 Baths
4,723 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 4723

Square Footage 4,723 sqft

Price per Sqft $370

Subdivision 313 - Downtown Kitchener/W. Ward

MLS® Listing ID 40861330

Bedrooms 9

Year Built 1912

Lot Size 6,490 Sqft

Acres 0.149

Property Sub-Type Freehold

Property Description

Rare opportunity to acquire an high-performing legal fourplex in the heart of Kitchener on a quiet, tree-lined street. With only one 1-bedroom unit currently available, a new owner has the flexibility to either select their own tenant or move into the unit themselves while benefiting from the income generated by the remaining suites. Located just a 2-minute walk from Google's Kitchener hub, the property sits in a Walker's Paradise with a Walk Score of 90+, offering immediate access to the ION LRT, GO Train, restaurants, amenities and major employers throughout Downtown Kitchener and Uptown Waterloo. The building features an excellent unit mix consisting of one 1-bedroom + den, one 2-bedroom + den and two spacious 3-bedroom units. Each unit has its own private entrance, in-suite laundry, individual heating controls and private outdoor space. Abundant on-site parking, with up to two spaces per unit, provides a significant advantage in this central location. Bright, spacious and newly renovated, the property has been well maintained and designed for minimal ongoing maintenance. Its diverse unit mix appeals to everyone from young professionals to families, providing both stable income and long-term flexibility for an investor. Currently generating an NOI of $100,000, this is a rare opportunity to secure an outperforming multi-residential asset in one of Waterloo Region's strongest technology and employment hubs, with existing income, tenant stability and additional upside. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters, Radiant heat,

Cooling None

Exterior

Parking Features No

Community Features School Bus

View Y/N No

Attached Garage No

Total Parking Spaces 5

Garage No

Private Pool No

Building

Story 3

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by RE/MAX Twin City Realty Inc.

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Paul Shantz
Paul Shantz

Agent License ID: 6008661

+1(519) 829-8656

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67 LOUISA Street