202 BREITHAUPT Street, Kitchener, Ontario N2H5H4
Listing courtesy of Royal LePage Wolle Realty.
- $799,000
- 4
- BD
- 4
- BA
- 2,788
- SqFt
- List Price
- $799,000
- MLS®
- 40854589
- Days on Market
- 30
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 2,788
- Lot Size Dimensions
- 0.242
- Lot Size
- 10,541
- Subdivision
- 114 - Uptown Waterloo/North Ward
Property Description
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:5764)
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Additional Information
- Ownership
- Freehold
- Basement Features
- Unfinished, Full
- Basement
- Yes
- Garage
- Yes
- Subdivision
- 114 - Uptown Waterloo/North Ward
- Parking Spaces
- 15
- Cooling
- None
- Country
- Canada
- Sewer
- Municipal sewage system
- Total Number Of Units
- 4
- Stories
- 2
- Lot Size
- 10,541
