345 Louisa Street, Kitchener, Ontario N2H 5N1

Listed for:
$1,499,000
8 beds
7 baths
Listed 48 days ago
345 Louisa Street, Kitchener, Ontario N2H 5N1

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Learn more about this property
Listing provided by:
Royal LePage Wolle Realty
MLS® number:
40773952
Agent:
Anna Kalbarczyk
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About

Turn right on to Louisa Street from Margaret Street 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). 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! (id:27476)

Property Highlights

MLS® Number
40773952
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
8

Building

Storeys
3.00
Square Footage
4618 sqft
Bathrooms Total
7
Bedrooms Total
8
Amenities
Public Transit, Schools
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Street Spotlight - For sale