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Listing content provided by CREA DDF®. Not intended to solicit properties currently listed for sale.

67 LOUISA Street | Sanket Patel Calgary REALTOR(R)

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$1,750,000

For Sale

9 bed · 7 bath

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For Sale

$1,750,000

MLS® 40813540

67 LOUISA Street

Kitchener, Ontario, N2H5L9

Beds / Baths: 9 bed · 7 bath
Interior: 4,723 sqft
Property type: Multi-family
Building: Multi-family
Year built: 1912
Lot size: 0.149 acres

Property facts

Beds / Baths: 9 bed · 7 bath
Interior: 4,723 sqft
Property type: Multi-family
Building: Multi-family
Transaction: For Sale
Year built: 1912
Lot size: 0.149 acres
Parking: 5
Ownership: Freehold

About this property

Rare opportunity to select your own tenant base in the heart of Kitchener on a quiet treelined street. With a 2-minute walk from the Google Kitchener hub, the property is located in a Walker’s Paradise (Walk Score 90+) offering immediate access to the ION LRT, GO-train, vibrant amenities, restaurants, and major employers in both downtown Kitchener and Uptown Waterloo. A legal fourplex with bright and spacious units in a highly desirable mix of one 1-bedroom+den, one 2-bedroom+den, and two 3-bedroom units. Each unit has its own entrance, in-suite laundry, heating controls, and private outdoor space. Abundant on-site parking with up to 2 spaces per unit provides added convenience and a significant competitive advantage . The property appeals to a wide range of tenants - from young professionals to families offering exception flexibility for investors to tailor their rental strategy to optimize rents and curate a strong desirable tenancy in one of the region’s fastest growing tech and employment hubs. The property is well-maintained, newly renovated, and set up for minimal maintenance. Whether you’re building or refining your portfolio, this is a rare chance to secure a multi-unit asset producing an NOI of close to $100,000 in a central location with both flexibility and upside in a high-demand rental market. (id:53361)

Features & details

Sewer: Municipal sewage system
Water: Municipal water
Cooling: None
Heating: Baseboard heaters, Radiant heat, Natural gas
Basement: Finished, Full
Exterior: Brick
Amenities: School Bus
Fireplace: false
Zoning: R2B
Photos Count: 49
Tax Annual Amount: 7313
Originating System: Cornerstone Association of REALTORS®
Number Of Units Total: 4
Internet Address Display: true

Location

67 LOUISA Street, Kitchener, Ontario, N2H5L9

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The listing content is protected by copyright owned by CREA or its member Boards / Associations. Listing data is believed to be reliable but is not guaranteed by CREA or this brokerage.