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$1,550,000
Status: For Sale
For Sale: a prime investment opportunity along the LRT tracks in Kitchener. This 6-plex, with the potential to expand to 9 units plus a garage, offers 7,075 sq. ft. of above grade space. The property also features an accessory unit and a clean, dry basement with excellent potential. Located just 450 meters from the LRT station, this property boasts strong walkability and a stable rent roll, with the option to increase revenue by renting the garage, accessory unit, loft space once finished and even the dry basement. Ideal for an investor or business owner looking to use the garage and vacant unit for their own purposes. Contact the listing broker for more details and a proforma breakdown.
| Property Type | :Commercial Sale |
|---|---|
| MLS Number | :40625256 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :29 Oct, 2024 (8 Days ago) |
| Source | :Waterloo Region |
| Area | :Waterloo |
|---|---|
| City | :Kitchener |
| Area Major | :2 - Kitchener East |
| Area Minor | :212 - Downtown Kitchener/East Ward |
| Postal Code | :
N2G 3T3
|
| Directions | :On Ottawa Street between Courtland and Charles |
| Price | : $1,550,000 |
|---|---|
| Property Taxes | :$11474 |
| Tax Year | :2023 |
|---|
| Bedrooms | :0 + |
|---|---|
| Place of Worship | :No |
| Approx Square Footage | :7099 sqft |
|---|---|
| Virtual Tour | :Virtual Tour (External Link) |
| Basement | :Full |
|---|
26 Sep, 2024
TREB #40625256
Price Change
$1550000
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$1,550,000
183 Ottawa Street S, Waterloo, ON
Listing ID #40625256
Price drop by $200,000
Price drop by $200,000