Address
744 Queen Street S, Kitchener, ON
Price
$ 1,249,000
Property Attributes
- ID#40850054
- TypeMulti-Family
- Listing Status Active
- MunicipalityKitchener
- CityKitchener
- AreaKitchener
- Neighbourhood313 - Downtown Kitchener/W. Ward
- Postal CodeN2M 1A4
- Style
- Year Built1945
- Price$ 1,249,000
- Bedrooms7
- Bathrooms6
- Half Bathrooms0
- Sqr Footage3860
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Prime Cash-Flow Opportunity at 744 Queen St S, Kitchener! Discover this fully tenanted 6-unit mixed-use gem on a high-traffic corner in one of Kitchener’s strongest rental markets. The property features four 1-bedroom units, one spacious 3-bedroom unit, and one commercial space with excellent street visibility, delivering strong, diversified income from long-term tenants right from day one. Boasting 11 parking spaces, a solid 1940s-built structure (approx. 3,000–3,500 sq ft) on a generous 40 x 114 ft lot, this turnkey investment offers outstanding tenant retention and hassle-free management. Just steps to transit, parks, schools, Highland Rd amenities, the Iron Horse Trail, and downtown Kitchener, it sits in a high-demand location with clear value-add potential. Stable cash flow, scalable upside, and a proven location—ideal for investors ready to grow their portfolio today. (id:7434)
General Features
| Features | Paved driveway, Shared Driveway |
|---|---|
| Community Features | High Traffic Area, Community Centre |
| Property Type | Multi-family |
| Zoning Description | R2 |
| Amenities | Hospital, Park, Playground, Public Transit, Shopping |
| Building Appliances | Water softener |
| Location Description | Corner of Queen St south and Brock St. |
| Parking Space Total | 11 |
| Foundation Type | Poured Concrete |
| Ownership Type | Freehold |
| Building.StoriesTotal | 2 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Forced air |
| Building Heating Fuel | Natural gas |
| Basement Development | Partially finished |
| Basement Type | Full (Partially finished) |
| Living Area Range | 3860 |
| Bedrooms | 7 |
Exterior Features
| Land Amenities | Hospital, Park, Playground, Public Transit, Shopping |
|---|---|
| Sewer | Municipal sewage system |
| Exterior Finish | Brick |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in N2M 1A4
Price
Year Built
