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Renanza Realty
For sale

744 QUEEN Street S

Kitchener, Ontario

MLS® 40850054

$1,249,000

Status
Active
Property type
Multi-family
MLS® number
40850054
Bedrooms
7
Bathrooms
6
Year built
1945

Listing description

Prime Cash-Flow Opportunity at 744 Queen St S, Kitchener! Discover this fully tenanted 6-unit mixed-use gem on a high-traffic corner in one of Kitchener’s strongest rental markets. The property features four 1-bedroom units, one spacious 3-bedroom unit, and one commercial space with excellent street visibility, delivering strong, diversified income from long-term tenants right from day one.

Boasting 11 parking spaces, a solid 1940s-built structure (approx. 3,000–3,500 sq ft) on a generous 40 x 114 ft lot, this turnkey investment offers outstanding tenant retention and hassle-free management. Just steps to transit, parks, schools, Highland Rd amenities, the Iron Horse Trail, and downtown Kitchener, it sits in a high-demand location with clear value-add potential.

Stable cash flow, scalable upside, and a proven location—ideal for investors ready to grow their portfolio today.

Property summary

MLS® number
40850054
Property type
Multi-family
Square footage
3,860 sq ft
Title
Freehold
Built in
1945
Annual property taxes
$6,158.00
Parking
11 spaces · Attached Garage, Open
Days on market
36 days

Features & details

Heating
Forced air, Natural gas
Basement
Partially finished, Full
Appliances
Water softener
Exterior features
Brick
Lot features
Paved driveway, Shared Driveway
Community features
High Traffic Area, Community Centre

What would this home cost you?

Based on the $1,249,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$5,811 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Real Estate Centre Inc., 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.