345 Louisa Street, Kitchener, Ontario N2H 5N1

Listed for:
$1,499,000
11 beds
7 baths
Listed 51 days ago
Other for rent: 345 Louisa Street, Kitchener, Ontario N2H 5N1

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Learn more about this property
Listing provided by:
ROYAL LEPAGE/J & D DIVISION
MLS® number:
X12436725
Agent:
Joanna Bunn
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About

Cross Streets: Margaret/ Louisa Street. ** Directions: Turn Right From Margaret St onto Louisa 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! Co-Listed With Anna Kalbarczyk from Royal LePage Wolle Realty. (id:27476)

Property Highlights

MLS® Number
X12436725
Type
Multi-family
Land Size
62.1 x 165.2 FT
Parking Space Total
8

Building

Building Type
Other
Storeys
3.00
Square Footage
3500 - 5000 sqft
Bathrooms Total
7
Bedrooms Above Ground
8
Bedrooms Total
11
Amenities
Separate Electricity Meters
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Full
Basement Features
Apartment in basement
Building Heating Type
Radiant heat
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Kitchen
Second level
2.52 m x 4.03 m
Bedroom
Second level
3.1 m x 3.7 m
Living room
Second level
4.09 m x 4.84 m
Kitchen
Second level
2.5 m x 4.05 m
Bedroom
Second level
3.09 m x 3.72 m
Living room
Second level
4.1 m x 4.84 m
Living room
Third level
6.06 m x 3.32 m
Kitchen
Third level
3.05 m x 3.54 m
Bedroom
Third level
4.39 m x 2.41 m
Living room
Basement
3.97 m x 4.87 m
Kitchen
Basement
3.98 m x 3.29 m
Primary Bedroom
Basement
2.91 m x 4.56 m
Bedroom 2
Basement
2.87 m x 3.63 m
Office
Basement
2.39 m x 3.87 m
Living room
Main level
4.08 m x 4.88 m
Kitchen
Main level
3 m x 4.01 m
Bedroom
Main level
3.09 m x 3.73 m
Living room
Main level
4.08 m x 4.9 m
Kitchen
Main level
2.53 m x 4.01 m
Bedroom
Main level
2.53 m x 4.01 m

Location

Street Spotlight - For sale