An exceptional investment asset with high-yielding revenue streams in the heart of Kitchener’s thriving tech and innovation hub. Strategically positioned on a massive 0.24-acre lot with EMP-1 Employment Zoning, this highly versatile property features a multi-unit residential building plus a rare, substantial concrete block detached garage compound. The primary building consists of four tenanted one-bedroom units plus an additional bonus studio space offering immense value-add potential, all serviced by robust radiant heating. Completely independent from the residential leases, the four garage bays operate as distinct, cash-flowing storage rental units equipped with their own separate hydro meters. The property also features a massive asphalt driveway accommodating eleven off-street parking spaces. Located just steps from major transit lines, commuter rail links, tech employers, highway access, and downtown amenities, this recession-proof portfolio addition appeals equally to commercial owner-operators, traditional multi-residential investors, and premium value-add buyers looking to secure a dominant footprint in a premier location. (id:4069)
Address
202 BREITHAUPT Street
List Price
$769,000
Property Type
Multi-family
Type of Dwelling
Fourplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Kitchener
Bedrooms
4
Bathrooms
4
Floor Area
2,788 Sq. Ft.
Lot Size
0.242 Sq. Ft.
Lot Depth
158 ft
Frontage Length
67 ft
Year Built
1985
MLS® Number
40854589
Listing Brokerage
Royal LePage Wolle Realty
Basement Area
Full (Unfinished)
Postal Code
N2H5H4
Zoning
EMP-1
Ownership
Freehold
Parking Places (Total)
15
Site Influences
Park, Playground, Public Transit, Schools, Shopping
Cooling Features
None
Number Of Floors In Building
2
Water Source
Municipal water
Sewer
Municipal sewage system
