4 Bedroom
4 Bathroom
2,788 ft2
None
$799,000
An exceptional investment asset with high-yielding revenue streams in the heart of Kitchener’s thriving tech and innovation hub. Strategically positioned on a massive 0.24-acre lot with EMP-1 Employment Zoning, this highly versatile property features a multi-unit residential building plus a rare, substantial concrete block detached garage compound. The primary building consists of four tenanted one-bedroom units plus an additional bonus studio space offering immense value-add potential, all serviced by robust radiant heating. Completely independent from the residential leases, the four garage bays operate as distinct, cash-flowing storage rental units equipped with their own separate hydro meters. The property also features a massive asphalt driveway accommodating eleven off-street parking spaces. Located just steps from major transit lines, commuter rail links, tech employers, highway access, and downtown amenities, this recession-proof portfolio addition appeals equally to commercial owner-operators, traditional multi-residential investors, and premium value-add buyers looking to secure a dominant footprint in a premier location. (id:50976)
Property Details
|
MLS® Number
|
40854589 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Park, Playground, Public Transit, Schools, Shopping |
|
Equipment Type
|
Water Heater |
|
Parking Space Total
|
15 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
4 |
|
Bedrooms Total
|
4 |
|
Basement Development
|
Unfinished |
|
Basement Type
|
Full (unfinished) |
|
Constructed Date
|
1985 |
|
Cooling Type
|
None |
|
Exterior Finish
|
Other |
|
Stories Total
|
2 |
|
Size Interior
|
2,788 Ft2 |
|
Type
|
Fourplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Park, Playground, Public Transit, Schools, Shopping |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
158 Ft |
|
Size Frontage
|
67 Ft |
|
Size Irregular
|
0.242 |
|
Size Total
|
0.242 Ac|under 1/2 Acre |
|
Size Total Text
|
0.242 Ac|under 1/2 Acre |
|
Zoning Description
|
Emp-1 |
https://www.realtor.ca/real-estate/30136771/202-breithaupt-street-kitchener