New Listing
67 Louisa Street,Kitchener, ON N2H5L9
Kitchener, ON N2H5L9
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-bedroomunit 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. (id:13843)
Details
| MLS # | X14031326 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 7 |
| Listing Provided By | RE/MAX TWIN CITY REALTY INC. | DAVID SCHOOLEY |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 3,500 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | R2B |
Interior
| Cooling | None |
|---|---|
| Heating | Baseboard heaters, Radiant heat, Natural gas |
| Appliances | Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Water Heater |
| Fireplace Yes / No | Yes |
Exterior
| Lot Features | Lane |
|---|---|
| Foundation Details | Poured Concrete |
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 5 |
Utilities
| Utilities | Sewer, Electricity, Cable |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 7578 |
|---|---|
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| City | Kitchener |
| Postal Code | N2H5L9 |
| Listing VS Median (in N2H5L9) | |
Price: $1,749,000 low | high Med: $1,749,000 sqft: 3,500 low | high Med: 4,723 $ / sqft: $500 low | high Med: $370 On site: 7 low | high Med: 7 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| City | Kitchener |
| Postal Code | N2H5L9 |
| Listing VS Median (in N2H5L9) | |
Price: $1,749,000 low | high Med: $1,749,000 sqft: 3,500 low | high Med: 4,723 $ / sqft: $500 low | high Med: $370 On site: 7 low | high Med: 7 | |
 | $1,325,000227 Louisa StreetKitchener, ON N2H5M6 |
 | $1,400,00064 Francis Street NKitchener, ON N2H5B5 |
 | $1,325,000227 Louisa StreetKitchener, ON N2H5M6 |
 | $1,400,00064 Francis Street NKitchener, ON N2H5B5 |
 | $1,400,00064 Francis Street NKitchener, ON N2H5B5 |