Size
2788 sqft
Lot size
-
Street frontage
-
Possession
-
Price per sqft
$287
Taxes
$7,140 (2026)
Parking Type
-
Style
Other
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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.
Broker: Royal LePage Wolle Realty
MLS®#: 40854589
Property details
Parking:
15
Parking type:
-
Property type:
Multiplex
Heating type:
Radiator
Style:
Other
MLS Size:
2788 sqft
Lot front:
66 Ft
Lot depth:
158 Ft
Listed on:
Aug 10, 2026
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