9 Bedroom
5 Bathroom
3,500 - 5,000 ft2
Fireplace
None
Baseboard Heaters, Radiant Heat
$1,749,000
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:50976)
Property Details
|
MLS® Number
|
X14031326 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Schools, Place Of Worship, Public Transit |
|
Community Features
|
School Bus |
|
Equipment Type
|
Water Heater |
|
Features
|
Lane |
|
Parking Space Total
|
5 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
5 |
|
Bedrooms Above Ground
|
9 |
|
Bedrooms Total
|
9 |
|
Age
|
100+ Years |
|
Appliances
|
Water Heater, Water Meter, Dishwasher, Dryer, Stove, Washer, Refrigerator |
|
Basement Development
|
Finished |
|
Basement Features
|
Apartment In Basement |
|
Basement Type
|
Full, N/a (finished), N/a |
|
Cooling Type
|
None |
|
Exterior Finish
|
Brick |
|
Fireplace Present
|
Yes |
|
Foundation Type
|
Poured Concrete |
|
Half Bath Total
|
1 |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Baseboard Heaters, Radiant Heat |
|
Stories Total
|
3 |
|
Size Interior
|
3,500 - 5,000 Ft2 |
|
Type
|
Fourplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Schools, Place Of Worship, Public Transit |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
117 Ft |
|
Size Frontage
|
64 Ft |
|
Size Irregular
|
64 X 117 Ft |
|
Size Total Text
|
64 X 117 Ft|under 1/2 Acre |
|
Zoning Description
|
R2b |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Kitchen |
2.9 m |
5.26 m |
2.9 m x 5.26 m |
|
Second Level |
Living Room |
3.44 m |
5.16 m |
3.44 m x 5.16 m |
|
Second Level |
Bedroom |
2.83 m |
3.68 m |
2.83 m x 3.68 m |
|
Second Level |
Bedroom |
2.81 m |
3.37 m |
2.81 m x 3.37 m |
|
Second Level |
Kitchen |
3.97 m |
3.64 m |
3.97 m x 3.64 m |
|
Second Level |
Living Room |
2.57 m |
3.2 m |
2.57 m x 3.2 m |
|
Basement |
Bedroom |
4.91 m |
2.91 m |
4.91 m x 2.91 m |
|
Basement |
Other |
3.5 m |
4.48 m |
3.5 m x 4.48 m |
|
Basement |
Kitchen |
2.85 m |
4.55 m |
2.85 m x 4.55 m |
|
Basement |
Primary Bedroom |
4.63 m |
6.81 m |
4.63 m x 6.81 m |
|
Basement |
Utility Room |
1.13 m |
4.09 m |
1.13 m x 4.09 m |
|
Basement |
Utility Room |
1.4 m |
2.62 m |
1.4 m x 2.62 m |
|
Main Level |
Living Room |
3.85 m |
8.14 m |
3.85 m x 8.14 m |
|
Main Level |
Bedroom |
3.2 m |
4.08 m |
3.2 m x 4.08 m |
|
Main Level |
Bedroom |
3.18 m |
3.8 m |
3.18 m x 3.8 m |
|
Main Level |
Dining Room |
3.88 m |
3.93 m |
3.88 m x 3.93 m |
|
Main Level |
Kitchen |
2.27 m |
3.17 m |
2.27 m x 3.17 m |
|
Upper Level |
Bedroom |
2.7 m |
3.99 m |
2.7 m x 3.99 m |
|
Upper Level |
Bedroom |
3.63 m |
4.7 m |
3.63 m x 4.7 m |
Utilities
|
Cable
|
Installed |
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/30399826/67-louisa-street-kitchener
