345 LOUISA Street, Kitchener NEW LISTING

Brokered by: Royal LePage Wolle Realty

MLS®: 40773952 (Freehold)

Price: $1,499,000.00

Address: 345 LOUISA Street, Kitchener
FOR SALE
Subdivision: 212 - Downtown Kitchener/East Ward
Postal Code: N2H5N1
Style: 
Bedrooms: 8
Bathrooms: 7
Lot Size:   62 ft x 165 ft
Stories:  3


About 345 Louisa Street

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). Boasting a gross annual income of $98,623, 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 2024, 1 updated/ vacant unit (No.5), no rental items—all major systems owned One vacant unit—move in and let your tenants pay the mortgage! Zoning and lot size may allow for future development or additional units (buyer to verify). 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! (id:56071). Get more information on 345 Louisa Street

Property Features

Features:  Laundry- Coin operated
Rental Equipment:  
Directions:  Turn right on to Louisa Street from Margaret Street
Zoning Description:  R3
Interior Size:  4618 sqft
Access:  Highway access
Lot:  under 1/2 acre
Exterior Finish:  Brick
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / None
Age:  1947
Constructed Date:  1947
Basement:  Full (Finished) Finished

Rooms & Sizes

     

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JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.