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For Sale
$799,000
MLS® 40854589
202 BREITHAUPT Street
Kitchener, Ontario, N2H5H4
- Beds / Baths
- 4 bed · 4 bath
- Interior
- 2,788 sqft
- Property type
- Multi-family
- Building
- Multi-family
- Year built
- 1985
- Lot size
- 0.242 acres
Property facts
- Beds / Baths
- 4 bed · 4 bath
- Interior
- 2,788 sqft
- Property type
- Multi-family
- Building
- Multi-family
- Transaction
- For Sale
- Year built
- 1985
- Lot size
- 0.242 acres
- Parking
- 15
- Ownership
- Freehold
About this property
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:53361)