61 Mount Hope Street

61 Mount Hope Street
61 Mount Hope Street
61 Mount Hope Street
+7
3
 bed
1
 bath
3
 parking
1315 - 1315
 sqft
Detached
$699,900
Instant Estimate Not Available
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$699,900
Instant Estimate Not Available
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Size
-
Lot size
404.69 sqm
Street frontage
W
Possession
-
Price per sqm
$5,737
Taxes
$3,660.4 (2024)
Parking Type
-
Style
Two Story
See what's nearby
Description
Prime Investment Opportunity Near Grand River Hospital: This exceptional investment package offers a rare opportunity to acquire three income-generating properties strategically located near Grand River Hospital in Kitchener. The package includes 485 Park Street, 491 Park Street, and 61 Mt. Hope, being sold together as a bundled offering for a total price of $2,099,700 ($699,900 per property). Please note that these properties cannot and will not be sold separately. Currently, all three properties are fully occupied, ensuring consistent and reliable rental income. Additionally, there is a fourth unit presently utilized as storage, which could be converted into a leasable space to increase revenue potential. The zoning designations, I-2 and SGA-2, allow for increased density and redevelopment, making this an ideal opportunity for investors and developers looking to capitalize on Kitchener’s growing real estate market. The properties are conveniently situated in a high-demand area near Grand River Hospital, providing proximity to Uptown Waterloo, Belmont Village, and major employers like Sun Life. With easy access to public transit, including the LRT, this location is highly appealing for both tenants and future redevelopment projects. This investment package offers significant potential for income generation, redevelopment, and long-term value growth. Whether you're expanding your portfolio, seeking to maximize rental income, or exploring redevelopment opportunities, this package provides a solid foundation for success. Don’t miss this rare opportunity—contact us today for more details!
Broker: RE/MAX TWIN CITY REALTY INC., BROKERAGE
MLS®#: 40679732
Property details
Parking:
3
Parking type:
-
Property type:
Detached
Heating type:
Electric F
Style:
Two Story
MLS Size:
122 sqm
Lot front:
10.06 M
Lot depth:
40.23 M
Listed on:
Nov 21, 2024
Show all details
Rooms
LevelNameSizeFeatures
Flat
Dining Room
Unknown
Flat
Kitchen
Unknown
Flat
Family Room
Unknown
Flat
Bedroom
Unknown
Flat
Bedroom
Unknown
Flat
Bedroom Primary
Unknown
Flat
Bathroom
Unknown
Instant estimate:
Not Available

Insufficient data to provide an accurate estimate

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Alex Moggy
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: 40679732
Listed by RE/MAX TWIN CITY REALTY INC., BROKERAGE

About 61 Mount Hope Street

Located at 61 Mount Hope Street, this Kitchener detached house is available for sale. It was listed at $699900 in November 2024 and has 3 beds and 1 bathroom.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this detached house.

If you are looking for transit, don't fear, 61 Mt Hope St, Waterloo has a public transit Bus Stop (Park / Wood) only steps away. It also has route Glasgow-margaret close by.

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