202 BREITHAUPT Street
Kitchener, Ontario
MLS® 40854589
$799,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 40854589
- Bedrooms
- 4
- Bathrooms
- 4
- Year built
- 1985
1 / 20Listing description
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.
Property summary
- MLS® number
- 40854589
- Property type
- Multi-family
- Building type
- Fourplex
- Square footage
- 2,788 sq ft
- Title
- Freehold
- Land size
- 0.242 acres
- Built in
- 1985
- Annual property taxes
- $7,140.00
- Parking
- 15 spaces · Detached Garage, Open
- Days on market
- 38 days
Features & details
- Cooling
- None
- Basement
- Unfinished, Full
- Exterior features
- Other
What would this home cost you?
Based on the $799,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage Wolle Realty, Kitchener.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.