Rare opportunity to acquire an high-performing legal fourplex in the heart of Kitchener on a quiet, tree-lined street. With only one 1-bedroomunit currently available, a new owner has the flexibility to either select their own tenant or move into the unit themselves while benefiting from the income generated by the remaining suites. Located just a 2-minute walk from Google's Kitchener hub, the property sits in a Walker's Paradise with a Walk Score of 90+, offering immediate access to the ION LRT, GO Train, restaurants, amenities and major employers throughout Downtown Kitchener and Uptown Waterloo. The building features an excellent unit mix consisting of one 1-bedroom + den, one 2-bedroom +den and two spacious 3-bedroom units. Each unit has its own private entrance, in-suite laundry, individual heating controls and private outdoor space. Abundant on-site parking, with up to two spaces per unit, provides a significant advantage in this central location. Bright, spacious and newly renovated, the property has been well maintained and designed for minimal ongoing maintenance. Its diverse unit mix appeals to everyone from young professionals to families, providing both stable income and long-term flexibility for an investor. Currently generating an NOI of $100,000, this is a rare opportunity to secure an outperforming multi-residential asset in one of Waterloo Region's strongest technology and employment hubs, with existing income, tenant stability and additional upside.
Property Type:
Residential Freehold
Property Sub Type:
Fourplex
Home Style:
2 1/2 Storey
Approx. Age:
100+
Total Approx Floor Area:
3500-5000
Lot Size:
<.50
Lot Depth:
117'35.7 m
Lot Frontage:
64'19.5 m
Lot Shape:
Rectangular
Direction Faces:
South
Bedrooms:
9
Bathrooms:
5.0
Water supply:
Municipal
Kitchens:
4
Bedrooms Above Grade:
9
Kitchens Above Grade:
4
Rooms Above Grade:
25
Zoning:
R2B
Heating type:
Baseboard
Heating Fuel:
Gas
Foundation:
Poured Concrete
Roof:
Asphalt Shingle
Basement:
Full, Finished, Apartment
Fireplace/Stove:
Yes
Garage:
None
Garage Spaces:
0.0
Parking Features:
Lane, Private Triple
Parking Spaces:
5
Total Parking Spaces:
5.0
Family Room:
Yes
Possession Details:
IMMEDIATE
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Assessment:
$539,000
Assessment Year:
2026
Taxes:
$7,578 /
2026
Assessment:
$539,000.00 /
2026
Waterloo
Kitchener
School, School Bus Route, Place Of Worship, Library, Public Transit
Water Heater, Water Meter
one water tank
4 stoves 4 fridges 3 dishwashers 4 washers 4 dryers 3 Water heaters owned 4 separate meters. 1 Watersoftener 4 portable A/C units
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.