Rare opportunity to acquire an high-performing legal fourplex in the heart of Kitchener on a quiet, tree-lined street. With only one 1-bedroom
unit currently available, a new owner has the flexibility to either select their own tenant or move into the unit themselves while benefiting from
the income generated by the remaining suites. Located just a 2-minute walk from Google’s Kitchener hub, the property sits in a Walker’s
Paradise with a Walk Score of 90+, offering immediate access to the ION LRT, GO Train, restaurants, amenities and major employers throughout
Downtown Kitchener and Uptown Waterloo. The building features an excellent unit mix consisting of one 1-bedroom + den, one 2-bedroom +
den and two spacious 3-bedroom units. Each unit has its own private entrance, in-suite laundry, individual heating controls and private outdoor
space. Abundant on-site parking, with up to two spaces per unit, provides a significant advantage in this central location. Bright, spacious and
newly renovated, the property has been well maintained and designed for minimal ongoing maintenance. Its diverse unit mix appeals to
everyone from young professionals to families, providing both stable income and long-term flexibility for an investor. Currently generating an NOI
of $100,000, this is a rare opportunity to secure an outperforming multi-residential asset in one of Waterloo Region’s strongest technology and
employment hubs, with existing income, tenant stability and additional upside.
Property Type:
Residential Income
Property SubType:
Multi-4 Unit
Year built:
1912
(Age: 114)
Listing General Location:
313 - Downtown Kitchener/West Ward, 3 - Kitchener West
Crops Included: No, Garage: No, New Construction: No
Construction:
Brick
Basement:
Separate Entrance, Full, Finished
Foundation:
Poured Concrete
Roof:
Asphalt Shing
Year Roof Replaced:
2021
Number of Storeys:
3
Number of Buildings:
0
Total Floor Area:
4,723 sq. ft.439 m2
Finished Area Above Grade:
4,723 sq. ft.439 m2
Fireplace:
false
Laundry Features:
In-Suite
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Baseboard, Natural Gas, Radiant
Hot Water Tank Owned,4 Stoves 4 Fridges 3 Dishwashers 4 Washers 4 Dryers 3 Water Heaters Owned 4 Separate Meters. 1 Water Softener 4 Portable A/C Units
Hot Water Tank Owned, Dryer, Refrigerator, Stove, Washer
Data was last updated October 16, 2026 at 01:50 AM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$989,500
Min list price:
$575,000
Max list price:
$2,200,000
Avg days on market:
22
Min days on market:
1
Max days on market:
255
Avg price per sq.ft.:
$356.38
These statistics are generated based on the current listing's property type
and located in
3 - Kitchener West. Average values are
derived using median calculations. This data is not produced by
the MLS® system.