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:15069)
| MLS® Number | 40813540 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Place Of Worship, Public Transit, Schools, Shopping |
| Community Features | School Bus |
| Parking Space Total | 5 |
| Bathroom Total | 7 |
| Bedrooms Total | 9 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1912 |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters, Radiant Heat |
| Stories Total | 3 |
| Size Interior | 4,723 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Hospital, Place Of Worship, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 64 Ft |
| Size Irregular | 0.149 |
| Size Total | 0.149 Ac|under 1/2 Acre |
| Size Total Text | 0.149 Ac|under 1/2 Acre |
| Zoning Description | R2b |
https://www.realtor.ca/real-estate/29604169/67-louisa-street-kitchener
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