9 Bedroom
7 Bathroom
4,723 sqft
None
Baseboard Heaters, Radiant Heat
$1,830,000
Rare opportunity to select your own tenant base in the heart of Kitchener on a quiet treelined street. With a 2-minute walk from the Google Kitchener hub, the property is located in a Walker’s Paradise (Walk Score 90+) offering immediate access to the ION LRT, GO-train, vibrant amenities, restaurants, and major employers in both downtown Kitchener and Uptown Waterloo. A legal fourplex with bright and spacious units in a highly desirable mix of one 1-bedroom+den, one 2-bedroom+den, and two 3-bedroom units. Each unit has its own entrance, in-suite laundry, heating controls, and private outdoor space. Abundant on-site parking with up to 2 spaces per unit provides added convenience and a significant competitive advantage . The property appeals to a wide range of tenants - from young professionals to families offering exception flexibility for investors to tailor their rental strategy to optimize rents and curate a strong desirable tenancy in one of the region’s fastest growing tech and employment hubs. The property is well-maintained, newly renovated, and set up for minimal maintenance. Whether you’re building or refining your portfolio, this is a rare chance to secure a multi-unit asset producing an NOI of close to $100,000 in a central location with both flexibility and upside in a high-demand rental market. (id:56248)
Property Details
|
MLS® Number
|
40813540 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Hospital, Place Of Worship, Public Transit, Schools, Shopping |
|
Community Features
|
School Bus |
|
Parking Space Total
|
5 |
Building
|
Bathroom Total
|
7 |
|
Bedrooms Total
|
9 |
|
Basement Development
|
Finished |
|
Basement Type
|
Full (finished) |
|
Constructed Date
|
1912 |
|
Cooling Type
|
None |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Baseboard Heaters, Radiant Heat |
|
Stories Total
|
3 |
|
Size Interior
|
4,723 Sqft |
|
Type
|
Fourplex |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Hospital, Place Of Worship, Public Transit, Schools, Shopping |
|
Sewer
|
Municipal Sewage System |
|
Size Frontage
|
64 Ft |
|
Size Irregular
|
0.149 |
|
Size Total
|
0.149 Ac|under 1/2 Acre |
|
Size Total Text
|
0.149 Ac|under 1/2 Acre |
|
Zoning Description
|
R2b |
https://www.realtor.ca/real-estate/29604169/67-louisa-street-kitchener