REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,499,000
Est. payment /mo
Active
183 OTTAWA Street S Kitchener, ON N2G3T3
7 Baths
7,446 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 7,446 sqft
Price per Sqft $201
Subdivision 212 - Downtown Kitchener/East Ward
MLS® Listing ID 40683779
Originating Board Cornerstone - Waterloo Region
Property Description
Prime Investment Opportunity in Downtown Kitchener located along the LRT tracks and just 450 meters from the station, this 7-unit property offers exceptional accessibility and convenience. Spanning 7,447 sq. ft. of above-grade space, it provides a rare opportunity to expand to 9 units plus a garage and full basement, unlocking additional income potential. Currently generating a reliable NOI of $73,000, the property promises substantial growth in a high-demand rental market. Surrounded by many amenities and steps from transit, it's an ideal investment for those seeking to maximize returns or leverage its mixed-use potential. Vendor Take-Back (VTB) Financing is Available. (id:24570)
Location
Province ON
Interior
Heating , Other,
Exterior
Parking Features Yes
Community Features Community Centre
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 2.5
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX TWIN CITY REALTY INC. BROKERAGE-2