1 Bedroom
3 Bathroom
3,000 - 3,500 ft2
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
|
X13054458 |
|
Property Type
|
Single Family |
|
Equipment Type
|
Water Heater |
|
Features
|
Paved Yard |
|
Parking Space Total
|
9 |
|
Rental Equipment Type
|
Water Heater |
|
Structure
|
Porch |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
1 |
|
Bedrooms Total
|
1 |
|
Age
|
51 To 99 Years |
|
Amenities
|
Canopy |
|
Appliances
|
Garage Door Opener Remote(s), Water Softener |
|
Basement Features
|
Walk-up |
|
Basement Type
|
Partial, Full, None, N/a |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Vinyl Siding |
|
Foundation Type
|
Poured Concrete |
|
Half Bath Total
|
2 |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
3,000 - 3,500 Ft2 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
157 Ft |
|
Size Frontage
|
55 Ft |
|
Size Irregular
|
55 X 157 Ft |
|
Size Total Text
|
55 X 157 Ft |
|
Zoning Description
|
Sfa-3 |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Dining Room |
3.46 m |
4.6 m |
3.46 m x 4.6 m |
|
Second Level |
Kitchen |
5.14 m |
3.94 m |
5.14 m x 3.94 m |
|
Second Level |
Living Room |
7.37 m |
4.56 m |
7.37 m x 4.56 m |
|
Second Level |
Bedroom |
5.39 m |
4.3 m |
5.39 m x 4.3 m |
|
Second Level |
Den |
3.25 m |
3.55 m |
3.25 m x 3.55 m |
|
Basement |
Other |
3.39 m |
3.92 m |
3.39 m x 3.92 m |
|
Basement |
Laundry Room |
5.39 m |
3.59 m |
5.39 m x 3.59 m |
|
Basement |
Recreational, Games Room |
7.19 m |
3.51 m |
7.19 m x 3.51 m |
|
Basement |
Other |
1.26 m |
2.24 m |
1.26 m x 2.24 m |
|
Basement |
Other |
3.39 m |
2.22 m |
3.39 m x 2.22 m |
|
Basement |
Other |
4.48 m |
7.82 m |
4.48 m x 7.82 m |
|
Main Level |
Office |
5 m |
3.21 m |
5 m x 3.21 m |
|
Main Level |
Office |
4.42 m |
8.27 m |
4.42 m x 8.27 m |
|
Main Level |
Office |
5.07 m |
3.92 m |
5.07 m x 3.92 m |
|
Main Level |
Other |
2.94 m |
5.96 m |
2.94 m x 5.96 m |
|
Main Level |
Office |
1.73 m |
3.69 m |
1.73 m x 3.69 m |
|
Main Level |
Other |
3.75 m |
4.26 m |
3.75 m x 4.26 m |
|
Main Level |
Other |
3.22 m |
3.21 m |
3.22 m x 3.21 m |
|
Main Level |
Other |
2.79 m |
0.91 m |
2.79 m x 0.91 m |
https://www.realtor.ca/real-estate/29668347/64-francis-street-n-kitchener
