183 OTTAWA Street S Active

Kitchener,ON N2G3T3

$ 1499000

0 Bed

7 Baths

7446 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 7,446 sqft

Price per Sqft $201

Subdivision 212 - Downtown Kitchener/East Ward

MLS Listing ID 40683779

Originating Board Cornerstone - Waterloo Region

Property 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. (id:24570)

Location

Province ON

Interior

Heating ,Other,

Exterior

Parking Features Yes

Community Features Community Centre

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 2.5

Sewer Municipal sewage system

Others

Ownership Freehold

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