67 LOUISA STREET, Kitchener, Ontario, N2H5L9
Rare opportunity to acquire an high-performing legal fourplex in the heart of Kitchener on a quiet, tree-lined street. With only one 1-bedroomunit 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:2471)
McConkey Real Estate Corp. Brokerage
- 705-931-0271
- 705-745-4321
- johnmcconkey11@gmail.com
- Property Address: 67 LOUISA STREET, Kitchener, Ontario, N2H5L9
- Property Type: Multi-family
- Zoning Description: R2B
- Lot Size: 64 x 117 FT
- Acreage: 64 x 117 FT|under 1/2 acre
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: No Garage
- Total Parking Spaces: 5
- Amenities Nearby: Schools, Place of Worship, Public Transit
- Structure Style: Fourplex
- Storeys: 2.5
- Floor Space: 3500 - 5000 sqft
- Building Age: 100+ years
- Bedrooms: 9
- Bathrooms: 5-Total 1-Partial
- Basement Type: Full, N/A (Finished), N/A
- Heating Type: Natural gas, Baseboard heaters, Radiant heat
- Cooling: None
- Exterior Type: Brick
- Fireplace Present: True
- Foundation Type: Poured Concrete
- Appliances Included: Water Heater, Water meter, Dishwasher, Dryer, Stove, Washer, Refrigerator
- Lane
- School Bus
| Type | Level | Dimensions |
|---|---|---|
| Kitchen | Second level | 2.9 m x 5.26 m |
| Living room | Second level | 3.44 m x 5.16 m |
| Bedroom | Second level | 2.83 m x 3.68 m |
| Bedroom | Second level | 2.81 m x 3.37 m |
| Kitchen | Second level | 3.97 m x 3.64 m |
| Living room | Second level | 2.57 m x 3.2 m |
| Bedroom | Basement | 4.91 m x 2.91 m |
| Other | Basement | 3.5 m x 4.48 m |
| Kitchen | Basement | 2.85 m x 4.55 m |
| Primary Bedroom | Basement | 4.63 m x 6.81 m |
| Utility room | Basement | 1.13 m x 4.09 m |
| Utility room | Basement | 1.4 m x 2.62 m |
| Living room | Main level | 3.85 m x 8.14 m |
| Bedroom | Main level | 3.2 m x 4.08 m |
| Bedroom | Main level | 3.18 m x 3.8 m |
| Dining room | Main level | 3.88 m x 3.93 m |
| Kitchen | Main level | 2.27 m x 3.17 m |
| Bedroom | Upper Level | 2.7 m x 3.99 m |
| Bedroom | Upper Level | 3.63 m x 4.7 m |
Listing Office: RE/MAX TWIN CITY REALTY INC.
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