67 LOUISA STREET W
Kitchener, Ontario
MLS® X12998604
$1,750,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X12998604
- Bedrooms
- 9
- Bathrooms
- 7
- Year built
- —
1 / 50Listing description
Rare opportunity to acquire an high-performing legal fourplex in the heart of Kitchener on a quiet, tree-lined street. With only one 1-bedroom unit 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 summary
- MLS® number
- X12998604
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 64 x 118 FT
- Annual property taxes
- $7,578.00
- Parking
- 5 spaces · No Garage
- Days on market
- 155 days
Features & details
- Heating
- Baseboard heaters, Radiant heat, Natural gas
- Cooling
- None
- Basement
- Finished, Full, Apartment in basement, N/A, N/A
- Appliances
- Washer, Refrigerator, Water meter, Water softener, Dishwasher, Stove, Dryer, Water Heater
- Exterior features
- Brick
- Lot features
- Irregular lot size, Lane
- Community features
- School Bus
What would this home cost you?
Based on the $1,750,000 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 RE/MAX TWIN CITY REALTY 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.