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Multi-4 UnitMLS® 40854589

202 Breithaupt Street, Kitchener ON N2H 5H4

Uptown Waterloo/North Ward, Kitchener, N2H 5H4

$769,000

4Bedrooms
4Bathrooms
2,788Sq ft
15Parking
1985Year built
2Storeys
Multi-4 UnitType
44Days on market

The home

About this property

An exceptional investment asset with high-yielding revenue streams in the heart of Kitchener’s thriving tech and innovation hub. Strategically positioned on a massive 0.24-acre lot with EMP-1 Employment Zoning, this highly versatile property features a multi-unit residential building plus a rare, substantial concrete block detached garage compound. The primary building consists of four tenanted one-bedroom units plus an additional bonus studio space offering immense value-add potential, all serviced by robust radiant heating. Completely independent from the residential leases, the four garage bays operate as distinct, cash-flowing storage rental units equipped with their own separate hydro meters. The property also features a massive asphalt driveway accommodating eleven off-street parking spaces. Located just steps from major transit lines, commuter rail links, tech employers, highway access, and downtown amenities, this recession-proof portfolio addition appeals equally to commercial owner-operators, traditional multi-residential investors, and premium value-add buyers looking to secure a dominant footprint in a premier location.

Specifications

Property details

Property type

Residential Income

Lot

66.77 x 158 Acres

Taxes

$7,140 (annual)

Heating

Radiator

Cooling

None

Basement

Full, Unfinished

Parking

15 total (4 garage)

Days on market

44

What's included

Features and amenities

Interior

Other

Lot

City LotOpen SpacesParkPlayground NearbyPublic TransitSchoolsShopping NearbyTrails

Appliances

RefrigeratorStove

Where it sits

Location

Pin placed at the coordinates supplied by the MLS® System.

Listed by Matt Bowlby, Royal LePage Wolle Realty (the Cornerstone Association of REALTORS®).

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Presented by Rebecca Dorey, Sales Representative, RE/MAX Solid Gold Realty (II) Ltd., Brokerage. Each office independently owned and operated.