1 Bedroom
3 Bathroom
3,289 ft2
2 Level
Central Air Conditioning
Forced Air
$1,400,000
Unlock the potential of this versatile mixed-use property in a prime downtown location, offering a rare opportunity to create a customized live/work environment or income-generating investment. The main floor commercial space, currently configured as a salon, provides a flexible layout ready to be reimagined for a variety of uses including professional office, boutique retail, studio space, or continued personal service operations. With strong street presence and on-site parking, this space is ideally positioned for a business looking to establish or grow in the downtown core. Above, the second-floor residential unit offers nearly 1,500 sq ft of living space, ideal for an owner-occupier or as a supplemental rental income stream. A welcoming foyer and staircase lead to an open-concept kitchen and dining area, an updated 3-piece bath, sunken living room, and a bedroom complemented by a versatile den that could function as a home office, walk-in closet, or potential second bedroom. What truly sets this property apart is the rare combination of extensive on-site parking, a double-car garage, and outdoor space. The generous rear parking area, front courtyard, and garage offer convenience for clients and residents, with potential for additional income through parking rentals in a high-demand downtown setting. The basement provides flexibility for storage, workspace, or future expansion. The property features a durable steel roof, heated eavestroughs with leaf guard, and updated windows, contributing to ease of ownership while allowing room to modernize and add value. Zoned SGA-3, it supports a wide range of permitted uses, making it ideal for investors, entrepreneurs, or owner-users. Based on projected market rents, the property presents an attractive income opportunity with an estimated cap rate in the ~5% range and clear upside potential. (id:50976)
Property Details
|
MLS® Number
|
40823030 |
|
Property Type
|
Single Family |
|
Amenities Near By
|
Public Transit |
|
Community Features
|
Quiet Area |
|
Equipment Type
|
Water Heater |
|
Features
|
Cul-de-sac, Automatic Garage Door Opener |
|
Parking Space Total
|
9 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
1 |
|
Bedrooms Total
|
1 |
|
Appliances
|
Water Softener |
|
Architectural Style
|
2 Level |
|
Basement Development
|
Partially Finished |
|
Basement Type
|
Full (partially Finished) |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Aluminum Siding |
|
Foundation Type
|
Poured Concrete |
|
Half Bath Total
|
2 |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
3,289 Ft2 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
157 Ft |
|
Size Frontage
|
55 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
Sgw-3 |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
3pc Bathroom |
|
|
Measurements not available |
|
Second Level |
Den |
|
|
10'8'' x 11'8'' |
|
Second Level |
Bedroom |
|
|
17'8'' x 14'1'' |
|
Second Level |
Living Room |
|
|
24'2'' x 14'11'' |
|
Second Level |
Dining Room |
|
|
11'4'' x 15'1'' |
|
Second Level |
Kitchen |
|
|
16'11'' x 12'11'' |
|
Basement |
Gym |
|
|
11'2'' x 12'10'' |
|
Basement |
Utility Room |
|
|
14'8'' x 25'8'' |
|
Basement |
Storage |
|
|
11'2'' x 7'4'' |
|
Basement |
Storage |
|
|
9'0'' x 3'10'' |
|
Basement |
1pc Bathroom |
|
|
Measurements not available |
|
Basement |
Laundry Room |
|
|
17'8'' x 11'7'' |
|
Basement |
Recreation Room |
|
|
23'7'' x 11'6'' |
|
Basement |
Utility Room |
|
|
17'5'' x 2'5'' |
|
Main Level |
2pc Bathroom |
|
|
Measurements not available |
|
Main Level |
Storage |
|
|
9'2'' x 3'0'' |
|
Main Level |
Other |
|
|
10'7'' x 10'6'' |
|
Main Level |
Other |
|
|
12'3'' x 14'0'' |
|
Main Level |
Studio |
|
|
16'8'' x 12'10'' |
|
Main Level |
Studio |
|
|
14'6'' x 27'2'' |
|
Main Level |
Studio |
|
|
16'5'' x 10'6'' |
|
Main Level |
Office |
|
|
5'8'' x 12'1'' |
|
Main Level |
Foyer |
|
|
9'8'' x 19'7'' |
https://www.realtor.ca/real-estate/29668047/64-francis-street-n-kitchener
