64 Francis Street N, Kitchener ON

About 64 Francis Street N

Unlock the potential of this versatile mixed-use property in a prime downtown location, offering a rare opportunity to create a customized live/work environment or income-generating investment. The main floor commercial space, currently configured as a salon, provides a flexible layout ready to be reimagined for a variety of uses including professional office, boutique retail, studio space, or continued personal service operations. With strong street presence and on-site parking, this space is ideally positioned for a business looking to establish or grow in the downtown core. Above, the second-floor residential unit offers nearly 1,500 sq ft of living space, ideal for an owner-occupier or as a supplemental rental income stream. A welcoming foyer and staircase lead to an open-concept kitchen and dining area, an updated 3-piece bath, sunken living room, and a bedroom complemented by a versatile den that could function as a home office, walk-in closet, or potential second bedroom. What truly sets this property apart is the rare combination of extensive on-site parking, a double-car garage, and outdoor space. The generous rear parking area, front courtyard, and garage offer convenience for clients and residents, with potential for additional income through parking rentals in a high-demand downtown setting. The basement provides flexibility for storage, workspace, or future expansion. The property features a durable steel roof, heated eavestroughs with leaf guard, and updated windows, contributing to ease of ownership while allowing room to modernize and add value. Zoned SGA-3, it supports a wide range of permitted uses, making it ideal for investors, entrepreneurs, or owner-users. Based on projected market rents, the property presents an attractive income opportunity with an estimated cap rate in the ~5% range and clear upside potential. (id:56071). Get more information on 64 Francis Street N

Property Features

Appliances:  Water softener
Features:  Cul-de-sac, Automatic Garage Door Opener
Rental Equipment:  Water Heater
Directions:  Water st to Francis
Zoning Description:  SGW-3
Interior Size:  3289 sqft
Community Features:  Quiet Area
Lot:  under 1/2 acre
Exterior Finish:  Aluminum siding
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   / Central air conditioning
Age: 
Foundation: Poured Concrete
Basement:  Full (Partially finished) Partially finished

Rooms & Sizes

3pc Bathroom Second level Measurements not available	Den Second level 10 8 x 11 8	Bedroom Second level 17 8 x 14 1
Living room Second level 24 2 x 14 11	Dining room Second level 11 4 x 15 1	Kitchen Second level 16 11 x 12 11
Gym Basement 11 2 x 12 10	Utility room Basement 14 8 x 25 8	Storage Basement 11 2 x 7 4
Storage Basement 9 0 x 3 10	1pc Bathroom Basement Measurements not available	Laundry room Basement 17 8 x 11 7
Recreation room Basement 23 7 x 11 6	Utility room Basement 17 5 x 2 5	2pc Bathroom Main level Measurements not available
Storage Main level 9 2 x 3 0	Other Main level 10 7 x 10 6	Other Main level 12 3 x 14 0
Studio Main level 16 8 x 12 10	Studio Main level 14 6 x 27 2