345 LOUISA STREET, Kitchener, Ontario, N2H 5N1

$1,499,000

MLS® # X12609894

Investment For Sale In Mt. Hope Huron Park, Kitchener, Ontario

$1,499,000

Property Information:

345 Louisa Street - Prime Investment Opportunity in the Heart of Kitchener! First time offered in nearly 20 years, this solid brick sixplex is a rare find, featuring five spacious 1-bedroom units and one 3-bedroom unit, all situated on a large 62 x 165 lot with parking for 8 vehicles - a true gem for savvy investors or owner-occupiers. 4619 sq ft of living space! (3445.76 sq ft above grade, 1173 sq ft below grade). This is a low-maintenance, high-yield property with serious upside potential. Whether you're looking to expand your portfolio or break into the market with a smart house-hack, 345 Louisa Street checks all the boxes. Key Features: New asphalt driveway paved in 2023, 1 updated/vacant unit (#5), no rental items - all major systems owned. One vacant unit move in and let your tenants pay the mortgage! UNIT 3 & 4 will be vacant for January '26. Zoning and lot size may allow for future development or additional units. Perfectly located just: 4 minutes to the University of Waterloo School of Pharmacy, 14-minute walk to the Kitchener GO Station, ION Light Rail, and downtown Kitchener This is your chance to own a solid, income-generating property in a rapidly growing area. With proximity to major transit, schools, and downtown amenities, 345 Louisa Street offers both immediate returns and long-term appreciation. Don't miss this rare opportunity! Co-Listed With Anna Kalbarczyk from Royal LePage Wolle Realty. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Hydro Meters
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 3500 - 5000 sqft
  • Foundation Type: Concrete
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8+3
  • Bathrooms: 7
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Lot Depth: 165.2 Feet
  • Lot Frontage: 62.1 Feet
  • Lot Size: 62.1 x 165.2 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 8

Rooms:

  • Kitchen 2nd Level 2.52 m x 4.03 m
  • Bedroom 2nd Level 3.10 m x 3.70 m
  • Living 2nd Level 4.09 m x 4.84 m
  • Kitchen 2nd Level 2.50 m x 4.05 m
  • Bedroom 2nd Level 3.09 m x 3.72 m
  • Living 2nd Level 4.10 m x 4.84 m
  • Living 3rd Level 6.06 m x 3.32 m
  • Kitchen 3rd Level 3.05 m x 3.54 m
  • Bedroom 3rd Level 4.39 m x 2.41 m
  • Living Basement Level 3.97 m x 4.87 m
  • Kitchen Basement Level 3.98 m x 3.29 m
  • Primary Bedroom Basement Level 2.91 m x 4.56 m
  • 2nd Bedroom Basement Level 2.87 m x 3.63 m
  • Office Basement Level 2.39 m x 3.87 m
  • Living Main Level 4.08 m x 4.88 m
  • Kitchen Main Level 3.00 m x 4.01 m
  • Bedroom Main Level 3.09 m x 3.73 m
  • Living Main Level 4.08 m x 4.90 m
  • Kitchen Main Level 2.53 m x 4.01 m
  • Bedroom Main Level 2.53 m x 4.01 m

Courtesy of: Royal LePage Real Estate Services Ltd.

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