386 Guelph Street, Kitchener ON N2H 5X7

Description

Introducing a rare triplex opportunity in Kitchener’s highly sought-after North Ward, just minutes from Downtown Kitchener and Uptown Waterloo, the GO Station, and expressway. This versatile property features a 1-bedroom, 2-bedroom, and a brand-new bachelor unit completed in 2025—perfect for investors or multi-generational living. With all three units vacant as of August 1, buyers gain immediate flexibility to set market rents or move in and customize. With a projected total revenue of $55,800/year this is a great opportunity at a 6% cap rate. Each unit is completely self-sufficient with its own kitchen and bathroom, with updated finishes throughout. The property offers parking for four vehicles and sits near key amenities like parks, schools, shopping, and public transit. A turn-key addition to any portfolio in one of Kitchener’s most established neighbourhoods. Contact listing agent for financials and book your showing today!