48
See all 48 photos
$1,499,000
Est. payment /mo
11 Beds
7 Baths
3,500 SqFt
New
345 LOUISA STREET Kitchener, ON N2H5N1
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $428
MLS® Listing ID X12436725
Bedrooms 11
Source Toronto Regional Real Estate Board
Property Description
345 Louisa Street - Prime Investment Opportunity in the Heart of Kitchener! First time offered in nearly 20 years, this solid brick sixplex is a rare find, featuring five spacious 1-bedroom units and one 3-bedroom unit, all situated on a large 62 x 165 lot with parking for 8 vehicles - a true gem for savvy investors or owner-occupiers. 4619 sq ft of living space! (3445.76 sq ft above grade, 1173 sq ft below grade). Boasting a gross annual income of over $100,000, this is a low-maintenance, high-yield property with serious upside potential. Whether you're looking to expand your portfolio or break into the market with a smart house-hack, 345 Louisa Street checks all the boxes. Key Features: New asphalt driveway paved in 2023, 1 updated/vacant unit (#5), no rental items - all major systems owned. One vacant unit move in and let your tenants pay the mortgage! Zoning and lot size may allow for future development or additional units. Perfectly located just: 4 minutes to the University of Waterloo School of Pharmacy, 14-minute walk to the Kitchener GO Station, ION Light Rail, and downtown Kitchener This is your chance to own a solid, income-generating property in a rapidly growing area. With proximity to major transit, schools, and downtown amenities, 345 Louisa Street offers both immediate returns and long-term appreciation. Don't miss this rare opportunity! Co-Listed With Anna Kalbarczyk from Royal LePage Wolle Realty. (id:24570)
Location
Province ON
Rooms
Kitchen 6.0
Extra Room 1 Second level 2.52 m X 4.03 m Kitchen
Extra Room 2 Second level 3.1 m X 3.7 m Bedroom
Extra Room 3 Second level 4.09 m X 4.84 m Living room
Extra Room 4 Second level 2.5 m X 4.05 m Kitchen
Extra Room 5 Second level 3.09 m X 3.72 m Bedroom
Extra Room 6 Second level 4.1 m X 4.84 m Living room
Interior
Heating Radiant heat
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 8
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Others
Virtual Tour https://youriguide.com/345_louisa_street_kitchener_on/
Listed by ROYAL LEPAGE/J & D DIVISION
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