Overview
- Updated On:
- December 16, 2024
- 7 Bathrooms
- 7,447 ft2
Description
Prime Investment Opportunity in Downtown Kitchener located along the LRT tracks and just 450 meters from the station, this 7-unit property offers exceptional accessibility and convenience. Spanning 7,447 sq. ft. of above-grade space, it provides a rare opportunity to expand to 9 units plus a garage and full basement, unlocking additional income potential. Currently generating a reliable NOI of $73,000, the property promises substantial growth in a high-demand rental market. Surrounded by many amenities and steps from transit, it’s an ideal investment for those seeking to maximize returns or leverage its mixed-use potential. Vendor Take-Back (VTB) Financing is Available.
Address: 183 Ottawa Street S, Kitchener ON N2G 3T3
City: Kitchener
State/County: Waterloo
Zip: N2G 3T3
Country: CA
Open In Google Maps Property Id : 2358768
Price: $ 1,499,000
Property Size: 7,447 ft2
Bathrooms: 7
Outdoor Details
Garage Attached
Other Features
Accessory Apartment
Dryer
Has Fireplace
Has Garage
Has Heating System
Open Parking
Refrigerator
Separate Heating Controls
Separate Hydro Meters
Stove
Washer
$ 5,811.92
per month- Principal and Interest
- Property Tax
- HOA fee
$ 5,811.92
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