202 BREITHAUPT Street, Kitchener, Ontario N2H 5H4
$769,000.00
- 4 bedrooms
- 4 bathrooms
- 2,788 Square Feet
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 ... read more
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. (id:25417)
- Listing ID: 40854589
- Property Type: Multi-family
- Year Built: 1985
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | 0.242 Ac (Under 1/2 Acre) |
| Parking: | Detached Garage 15 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Fourplex |
| HVAC: | Fireplace |
| Exterior: | Other |
| Basement: | Full (Unfinished) |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| City: | Kitchener |
| Province: | Ontario |
| Nearby Amenities: | Park, Playground, Public Transit, Schools and Shopping |
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