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183 S Ottawa Street
Kitchener
N2G 3T3
$1,499,000
Residential Income
beds: 0
baths: 7.0
7,447 sq. ft.
- Status:
- Pending
- Prop. Type:
- Residential Income
- MLS® Num:
- 40683779
- Bathrooms:
- 7
Prime Investment Opportunity in Downtown Kitchener located along the LRT tracks and just 450 meters from the station, this 7-unit property offers exceptional accessibility and convenience. Spanning 7,447 sq. ft. of above-grade space, it provides a rare opportunity to expand to 9 units plus a garage and full basement, unlocking additional income potential. Currently generating a reliable NOI of $73,000, the property promises substantial growth in a high-demand rental market. Surrounded by many amenities and steps from transit, it’s an ideal investment for those seeking to maximize returns or leverage its mixed-use potential. Vendor Take-Back (VTB) Financing is Available.
- Property Type:
- Residential Income
- Property SubType:
- Multi-6-9 Unit
- Listing General Location:
- 212 - Downtown Kitchener/East Ward, 2 - Kitchener East
- Bedrooms:
- 0
- Bathrooms:
- 7.0 (Full:-/Half:-)
- Lot Details:
- 100 x 43
- Lot Depth:
- 100'
- Lot Frontage:
- 43'
- Kitchens:
- 0
- County Or Parish:
- Waterloo
- Features:
- Attached Garage: Yes, Crops Included: No, Garage: Yes, New Construction: No
- Construction:
- Brick
- Basement:
- Separate Entrance, Full, Unfinished
- Foundation:
- Concrete Block
- Roof:
- Asphalt Shing
- Year Roof Replaced:
- 2023
- Number of Storeys:
- 2
- Number of Buildings:
- 0
- Total Floor Area:
- 7,446.72 sq. ft.
- Finished Area Above Grade:
- 7,446.72 sq. ft.
- Fireplace:
- true
- Laundry Features:
- In-Suite, Other
- Water Supply:
- Municipal
- Sewer:
- Sewer (Municipal)
- Cooling:
- Other
- Heating:
- Electric, Fireplace(s), Natural Gas, Other
- Other,All Units Refrigerators And Stoves Included In Sale
- Dryer, Refrigerator, Stove, Washer
- All Tenants Belongings
- Accessory Apartment, Separate Heating Controls, Separate Hydro Meters
- false
- No
- COURTLAND AVE E -> OTTAWA ST S
- No
- HST Applicable To Sale Price:
- Included
- Features:
- Attached Garage: Yes, Crops Included: No, Garage: Yes, New Construction: No
- Zoning:
- L1
- Accessibility:
- Multiple Entrances
- Lot Site Features:
- Near Golf Course, Highway Access, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, Schools, Shopping Nearby
- Features:
- Attached Garage: Yes, Crops Included: No, Garage: Yes, New Construction: No
- Garage Spaces:
- 1.0
- Parking Places Covered:
- 1.0
- Parking:
- Attached Garage, Built-In
- # Of Total Parking Spaces:
- 2.0
- # Of Open Parking Spaces:
- 1.0
- Driveway Parking:
- Lane/Alley Parking
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 0
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 0
- Num Penthouse Units:
- 0
- Num Studio Units:
- 0
- Listed Date:
- Dec 06, 2024
-
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Virtual Tour
Virtual Tour 2
Listed by RE/MAX TWIN CITY REALTY INC. BROKERAGE-2
Data was last updated January 10, 2025 at 11:50 PM (UTC)
Area Statistics
- Listings on market:
- 11
- Avg list price:
- $929,000
- Min list price:
- $660,000
- Max list price:
- $9,999,900
- Avg days on market:
- 58
- Min days on market:
- 2
- Max days on market:
- 140
- Avg price per sq.ft.:
- $355.43
These statistics are generated based on the current listing's property type
and located in
2 - Kitchener East. Average values are
derived using median calculations.
- SURESH KUMAR
- RE/MAX TWIN CITY REALTY INC.
- 1 (647) 9017116
- Contact by Email
Contact Us
Direct: 647-901-7116
info@sureshkangayam.com
Head Office
901 Victoria Street, North
Kitchener, ON, N2B 3C3
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.