202 BREITHAUPT Street, Kitchener, Ontario N2H5H4
Listing courtesy of Royal LePage Wolle Realty.
- $799,000
- 4
- BD
- 5
- BA
- 2,788
- SqFt
- List Price
- $799,000
- MLS®
- 40833193
- Days on Market
- 54
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Bedrooms
- 4
- Bathrooms
- 5
- Living Area
- 2,788
- Subdivision
- 114 - Uptown Waterloo/North Ward
Property Description
An exceptional investment asset with high-yielding revenue streams in the heart of Kitchener’s thriving tech and innovation hub. Strategically positioned on a massive 0.24-acre lot with EMP-1 Employment Zoning, this highly versatile property features a multi-unit residential building plus a rare, substantial concrete block detached garage compound. The primary building consists of four tenanted one-bedroom units plus an additional bonus studio space offering immense value-add potential, all serviced by robust radiant heating. Completely independent from the residential leases, the four garage bays operate as distinct, cash-flowing commercial and storage rental units equipped with their own separate hydro meters, including an active automotive shop with excellent street visibility and signage. Generating cash flow with immediate scaling potential, the property also features a massive asphalt driveway accommodating eleven off-street parking spaces. Located just steps from major transit lines, commuter rail links, tech employers, highway access, and downtown amenities, this recession-proof portfolio addition appeals equally to commercial owner-operators, traditional multi-residential investors, and premium value-add buyers looking to secure a dominant footprint in a premier location. (id:5764)
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Additional Information
- Ownership
- Freehold
- Garage
- Yes
- Subdivision
- 114 - Uptown Waterloo/North Ward
- Parking Spaces
- 15
- Cooling
- None
- Country
- Canada
- Sewer
- Municipal sewage system
- Community Features
- Industrial Park
- Lot Features
- Southern exposure
- Total Number Of Units
- 9
- Stories
- 2
