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$ 1,499,000
Est. payment /mo
New
345 LOUISA Street Kitchener, ON N2H5N1
8 Beds
7 Baths
4,618 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 4,618 sqft
Price per Sqft $324
Subdivision 212 - Downtown Kitchener/East Ward
MLS® Listing ID 40773952
Bedrooms 8
Year Built 1947
Property Sub-Type Freehold
Source Cornerstone Association of REALTORS®
Property Description
345 Louisa Street – Prime Investment Opportunity in the Heart of Kitchener! First time offered in nearly 20 years, this solid brick sixplex is a rare find, featuring five spacious 1-bedroom units and one 3-bedroom unit, all situated on a large 62' x 165' lot with parking for 8 vehicles—a true gem for savvy investors or owner-occupiers. 4619 sq ft of living space ! (3445.76 sq ft above grade, 1173 sq ft below grade). Boasting a gross annual income of over $100,000, this is a low-maintenance, high-yield property with serious upside potential. Whether you're looking to expand your portfolio or break into the market with a smart house-hack, 345 Louisa Street checks all the boxes. Key Features: New asphalt driveway paved in 2024, 1 updated/ vacant unit (#5), no rental items—all major systems owned One vacant unit—move in and let your tenants pay the mortgage! Zoning and lot size may allow for future development or additional units. Perfectly located just:4 minutes to the University of Waterloo School of Pharmacy, 14-minute walk to the Kitchener GO Station, ION Light Rail, and downtown Kitchener This is your chance to own a solid, income-generating property in a rapidly growing area. With proximity to major transit, schools, and downtown amenities, 345 Louisa Street offers both immediate returns and long-term appreciation. Don't miss this rare opportunity! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Cooling None
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 8
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://youriguide.com/v2ZDO68X6V8DD1/
Listed by Royal LePage Wolle Realty
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