$1,499,000
 $8,047 est/mo Sourced by Back At You

183 Ottawa Street S , Kitchener, ON N2G 3T3

Kitchener, ON N2G 3T3

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Description

Prime Investment Opportunity in Downtown Kitchener located along the LRT tracks and just 450 meters from the station, this 7-unit property offers exceptional accessibility and convenience. Spanning 7,447 sq. ft. of above-grade space, it provides a rare opportunity to expand to 9 units plus a garage and full basement, unlocking additional income potential. Currently generating a reliable NOI of $73,000, the property promises substantial growth in a high-demand rental market. Surrounded by many amenities and steps from transit, it’s an ideal investment for those seeking to maximize returns or leverage its mixed-use potential. Vendor Take-Back (VTB) Financing is Available.

Details

MLS#40683779
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive Under Contract
Days On Site40
Listing Provided ByRE/MAX TWIN CITY REALTY INC. BROKERAGE-2 | Tony Johal

Features

Bath(s)7
SQ Feet7,446
Garage1
BasementY
Story(s)2
Units7
ZoningL1
Golf CourseYes
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

FLEURETTE KNAGGS

FLEURETTE KNAGGS

Coldwell Banker The Real Estate Centre

 (705) 770-7129Contact Me Form Link
StateON
CountyWaterloo
CityKitchener
Zip CodeN2G 3T3
Area2 Kitchener East
Subarea212 Downtown Kitchener | East Ward
Community Name212 Downtown Kitchener/East Ward
Listing VS Median (in 212 Downtown Kitchener/East Ward)
Price:
$1,499,000
low | high
Med:
$384,800
100% of Average
SqFt:
7,446
low | high
Med:
457
100% of Average
$ / SqFt:
$201
low | high
Med:
$842
100% of Average
On Site:
40
low | high
Med:
72.000000
55.555555555556% of Average
Sourced by Back At You
Listing Updated: December 27, 2024 at 9:50:24 AM PST
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.
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