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744-746 S Queen Street
Kitchener
N2M 1A4
$1,625,000
Residential Income
beds: 0
baths: 0.0
3,318 sq. ft.
built: 1945
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 40655187
- Year Built:
- 1945
- Photos (29)
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Discover a prime investment property perfectly situated in the heart of Kitchener. Located northeast of Highland Road West and Queen Street South, this multi-family property is nestled in the vibrant downtown West Ward community, offering unparalleled convenience and accessibility.
Location Highlights: Exceptional Connectivity, Easy access to public transportation, including the nearby ION station, as well as bike trails and major arterial roads. Outstanding Walk Score of 81: Most daily errands can be accomplished on foot, making it a highly desirable location for tenants.
Proximity to Amenities: Just a short walk to trails, parks, grocery stores, playgrounds, shopping, and other essential amenities.
Close to Employment and Innovation Hubs: Conveniently located near tech firms, downtown businesses, and other employment opportunities.
Property Features: This multi-family property has been extensively upgraded over the past decade, ensuring modern comforts and reliability. Key improvements include: Interior renovations of multiple units, Installation of new appliances, Addition of water softener, furnaces, and air conditioning system, Upgraded ductwork and commercial unit doors, New railings, deck, and garage roof, Installation of leaf guards and an egress window.
Unique Attributes: Fully tenanted, providing immediate rental income for buyers. Includes a commercial unit, offering mixed-use potential. Assigned parking for most units and ample parking space for tenants. This property represents a rare opportunity to acquire a well-maintained, income-generating asset in a high-demand location. Whether you're looking to diversify your portfolio or make a strategic investment, this property ticks all the boxes. Don't miss out! Act now to secure this incredible investment opportunity. Reach out today to schedule a viewing and take the first step toward adding this gem to your real estate portfolio.
- Property Type:
- Residential Income
- Property SubType:
- Multi-4 Unit
- Year built:
- 1945 (Age: 80)
- Listing General Location:
- 313 - Downtown Kitchener/West Ward, 3 - Kitchener West
- Bedrooms:
- 0
- Bathrooms:
- 0.0 (Full:-/Half:-)
- Lot Size:
- 4,773.033 acre(s)
- Lot Details:
- 111 x 43
- Lot Depth:
- 111'
- Lot Frontage:
- 43'
- Frontage Type:
- South
- Lot Shape:
- Irregular
- Kitchens:
- 0
- County Or Parish:
- Waterloo
- Features:
- Attached Garage: Yes, Crops Included: No, Garage: Yes, New Construction: No
- Construction:
- Brick
- Basement:
- Walk-Up Access, Full, Partially Finished
- Foundation:
- Stone
- Roof:
- Asphalt Shing
- Number of Storeys:
- 2
- Number of Buildings:
- 0
- Other Structures:
- None
- Total Floor Area:
- 3,318 sq. ft.
- Finished Area Above Grade:
- 3,318 sq. ft.
- Fireplace:
- false
- Laundry Features:
- In-Suite
- Water Supply:
- Municipal
- Water Meter:
- Yes
- Sewer:
- Sewer (Municipal)
- Cooling:
- Other
- Heating:
- Forced Air, Natural Gas
- Age Furnace:
- 2019 and 2022
- Carbon Monoxide Detector,Smoke Detector,Seller Owns 5 Fridges, 5 Stoves, 1 Stackable Washer /Drier Combo, 2 Washer And 2 Dryer (Individual Units), 1 Air Conditioner, 1 Water Softener, 2 Furnaces.
- Water Softener
- All Tenant Belongings Are Excluded From The Sale. Hot Water Heaters Are Rented From The City.
- Built-In Appliances, Separate Hydro Meters
- Balcony
- Deck
- false
- No
- Corner of Queen St south and Brock St.
- No
- Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s)
- HST Applicable To Sale Price:
- Included
- Features:
- Attached Garage: Yes, Crops Included: No, Garage: Yes, New Construction: No
- Electric Expense:
- $1,319
- Insurance Expense:
- $4,699
- Expenses:
- Actual
- Utilities Expense:
- 8066
- Laundry Income:
- $0
- Net Income:
- $51,392
- Other Income:
- $0
- Lease to Own Equipment:
- None
- Leases:
- Yes
- Under Contract Costs Monthly:
- $73.00
- Zoning:
- COM 1
- Lot Site Features:
- Irregular Lot, City Lot, High Traffic Area, Hospital, Park, Playground Nearby, Public Parking, Public Transit, Rec./Community Centre, Shopping Nearby, Trails, Other
- Features:
- Attached Garage: Yes, Crops Included: No, Garage: Yes, New Construction: No
- Garage Spaces:
- 2.0
- Parking Places Covered:
- 2.0
- Parking:
- Attached Garage, Asphalt, Mutual/Shared, Assigned
- # Of Total Parking Spaces:
- 11.0
- # Of Open Parking Spaces:
- 9.0
- Driveway Parking:
- Outside/Surface/Open
- 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:
- Nov 29, 2024
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View of street -
View of road
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View of street
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View of building exterior
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View of home's exterior with an outdoor fire pit
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View of road
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View of front of house
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View of snow covered exterior
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View of snow covered deck
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View of yard layered in snow
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Kitchen with light tile patterned floors, white cabinets, exhaust hood, and white appliances
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View of tiled dining space
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Kitchen with white fridge, white cabinetry, stacked washer and dryer, and light tile patterned floors
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Bathroom featuring toilet, vanity, tile patterned floors, and walk in shower
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Stairs with hardwood / wood-style flooring and wooden walls
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Kitchen featuring backsplash, wall chimney exhaust hood, white appliances, sink, and white cabinets
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Hall with wood walls and light hardwood / wood-style floors
-
Living room featuring light hardwood / wood-style floors
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Living room with hardwood / wood-style flooring
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Kitchen with white cabinetry, stainless steel refrigerator, and a chandelier
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Kitchen with electric range, sink, hanging light fixtures, a chandelier, and white cabinets
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Laundry area featuring separate washer and dryer
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Bathroom with tile patterned floors, vanity, a shower with shower door, and toilet
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Kitchen featuring sink, dark hardwood / wood-style flooring, white appliances, decorative backsplash, and white cabinets
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Bedroom featuring white fridge, dark hardwood / wood-style flooring, and sink
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Living room featuring a paneled ceiling, dark hardwood / wood-style floors, and sink
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Utilities with electric panel
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View of basement
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Utilities with gas water heater
Listed by RIGHT AT HOME REALTY BROKERAGE UNIT 36
Data was last updated January 11, 2025 at 03:50 AM (UTC)
Area Statistics
- Listings on market:
- 13
- Avg list price:
- $875,000
- Min list price:
- $1
- Max list price:
- $4,495,000
- Avg days on market:
- 72
- Min days on market:
- 1
- Max days on market:
- 303
- Avg price per sq.ft.:
- $401.21
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.
- SURESH KUMAR
- RE/MAX TWIN CITY REALTY INC.
- 1 (647) 9017116
- Contact by Email
Your Trusted Partner in Real Estate. Contact me at 647-901-7116 for all your property needs.
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.