202 Breithaupt Street, Kitchener, ON N2H 5H4
- $799,000
- 4
- BD
- 4
- BA
- 2,500
- SqFt
- List Price
- $799,000
- MLS#
- X13663894
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Fourplex
- Style
- 2-Storey
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 2500-3000
- Province
- ON
- Municipality
- Kitchener
- Area
- Waterloo
- Subdivision
- Margaret Ave And Breithaupt St
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 storage rental units equipped with their own separate hydro meters. 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.
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Additional Information
- Taxes
- $7,140
- Heat Type
- Radiant
- Heat Source
- Other
- Air Conditioning
- None
- Kitchens
- 4
- Exterior
- Other
- Garage Spaces
- 4
- Garage Type
- Detached
- Pool
- None
- Parking Spaces
- 15
- Parking Type
- Private
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Listing courtesy of ROYAL LEPAGE WOLLE REALTY.