67 Louisa Street, Kitchener, ON N2H 5L9
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67 Louisa Street, Kitchener, ON N2H 5L9
67 Louisa Street, Kitchener, ON N2H 5L9
67 Louisa Street, Kitchener, ON N2H 5L9
67 Louisa Street, Kitchener, ON N2H 5L9
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Listed by David Schooley • RE/MAX Twin City Realty Inc.
$ 1,750,000
Est. payment /mo
Active

67 Louisa Street Kitchener, ON N2H 5L9

9 Beds

7 Baths

4,723 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-4 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 4,723 sqft

Price per Sqft $370

MLS Listing ID 40861330

Bedrooms 9

Abv Grd Liv Area 4,723

Year Built 1912

Annual Tax Amount $7,578

Lot Size 6,490 Sqft

Acres 0.149

Property Sub-Type Multi-4 Unit

Source Cornerstone

Property Description

Rare opportunity to acquire an high-performing legal fourplex in the heart of Kitchener on a quiet, tree-lined street. With only one 1-bedroom unit currently available, a new owner has the flexibility to either select their own tenant or move into the unit themselves while benefiting from the income generated by the remaining suites.

Located just a 2-minute walk from Google's Kitchener hub, the property sits in a Walker's Paradise with a Walk Score of 90+, offering immediate access to the ION LRT, GO Train, restaurants, amenities and major employers throughout Downtown Kitchener and Uptown Waterloo.

The building features an excellent unit mix consisting of one 1-bedroom + den, one 2-bedroom + den and two spacious 3-bedroom units. Each unit has its own private entrance, in-suite laundry, individual heating controls and private outdoor space.

Abundant on-site parking, with up to two spaces per unit, provides a significant advantage in this central location.

Bright, spacious and newly renovated, the property has been well maintained and designed for minimal ongoing maintenance. Its diverse unit mix appeals to everyone from young professionals to families, providing both stable income and long-term flexibility for an investor.

Currently generating an NOI of $100,000, this is a rare opportunity to secure an outperforming multi-residential asset in one of Waterloo Region's strongest technology and employment hubs, with existing income, tenant stability and additional upside.

Location

Province ON

County Waterloo

Area 3 - Kitchener West

Zoning R2B

Rooms

Basement Separate Entrance, Full, Finished

Kitchen 0

Interior

Interior Features Separate Heating Controls, Separate Hydro Meters

Heating Baseboard, Natural Gas, Radiant

Cooling None

Fireplace No

Appliance Hot Water Tank Owned, Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Roof Type Asphalt Shing

Lot Frontage 64.0

Garage No

Building

Lot Description Irregular Lot, Hospital, Place of Worship, Public Transit, School Bus Route, Schools, Shopping Nearby

Story 3

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 3

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 223180088

Ownership Freehold/None

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NEARBY SCHOOLS & PROPERTIES

Dennis Mehravar

Dennis Mehravar

Broker

+1(519) 498-1229

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67 Louisa Street