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.
| MLS # | X13663894 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 14 |
| Listing Provided By | ROYAL LEPAGE WOLLE REALTY | X13663894 356100 |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| Garage | 4 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.24 |
| Interior Features | Other |
|---|---|
| Cooling | None |
| Heat Source | Other |
| Fireplace Yes / No | No |
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Concrete |
| Construction Materials | Other |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Private |
| Sewer | Sewer |
|---|
| Tax Annual Amount | 7140 |
|---|---|
| Tax Legal Description | LT 170 PL 376 ; KITCHENER |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| Region | Waterloo |
| City | Kitchener |
| Postal Code | N2H 5H4 |
| Listing VS Median (in N2H 5H4) | |
Price: $799,000 low | high Med: $0 On site: 14 low | high Med: | |
| Province | ON |
|---|---|
| Region | Waterloo |
| City | Kitchener |
| Postal Code | N2H 5H4 |
| Listing VS Median (in N2H 5H4) | |
Price: $799,000 low | high Med: $0 On site: 14 low | high Med: | |