183 Ottawa Street S Kitchener ON N2G 3T3 CA
Location
- Parking Total: 2
- Directions: COURTLAND AVE E -> OTTAWA ST S
Description
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Description:
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. 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.
Rooms & Units Description
- Units: 7
Location Details
- Street Address: 183, Ottawa, Street, S
- Province: ON
- Postal Code: N2G 3T3
- Country: CA
- Region: Waterloo
- Directions: COURTLAND AVE E -> OTTAWA ST S
- Coordinates: -80.476803, 43.437518
- Municipality/Area: 2 - Kitchener East
Property Details
- Parcel Number: 225790050
- Number Of Buildings: 0
- Total Finished Area: 7446.72
- Above Grade Finished Area: 7446.72
- Construction Materials: Brick
Property Features
- Lot Features: Near Golf Course, Highway Access, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, Schools, Shopping Nearby
- Interior Features: Accessory Apartment, Separate Heating Controls, Separate Hydro Meters
- Laundry Features: In-Suite, Other
- Accessibility Features: Multiple Entrances
- Appliances: Dryer, Refrigerator, Stove, Washer
- Lot Front: 43.00
- Lot Depth: 100
- Basement: Separate Entrance, Full, Unfinished
- Foundation Details: Concrete Block
- Roof: Asphalt Shing
- Cooling Type: Other
- Heating: 1
- Heating Type: Electric, Fireplace(s), Natural Gas, Other
- Parking: 2
- Parking Features: Attached Garage, Built-In
- Open Parking: 1
- Open Parking Spaces: 1
- Covered Spaces: 1
- Garage: 1
- Garage Spaces: 1
- Attached Garage: 1
- Fireplace: 1
- Sewer: Sewer (Municipal)
- Water Source: Municipal
Miscellaneous
- Inclusions: Other,All Units Refrigerators And Stoves Included In Sale
- Exclusions: All Tenants Belongings
- Virtual Tour URL Branded: https://youriguide.com/5r5ki_183_ottawa_st_s_kitchener_on/
Basics
- Kitchens: 0
- Lot Dimensions (Feet): 100 x 43
- Ownership Type: Freehold/None
- List Date: 2024-12-06
- Category: Residential Income
- Type: Multi-6-9 Unit
- Bedrooms: 0
- Bathrooms: 7
- Area: 7446.72 sq ft
- County Or Parish: Waterloo
- MLS ID: 40683779
Building Details
- Number Of Units Total: 7
- Building Area Total: 7446.72 sq ft
- Number Of Buildings: 0
- Parking Features: Attached Garage, Built-In
- Covered Spaces: 1
- Construction Materials: Brick
- Accessibility Features: Multiple Entrances
- Garage Spaces: 1
- Roof: Asphalt Shing
Amenities & Features
- Water Source: Municipal
- Appliances: Dryer, Refrigerator, Stove, Washer
- Sewer: Sewer (Municipal)
- Cooling: Other
- Attached Garage Yes/ No: 1
- Interior Features: Accessory Apartment, Separate Heating Controls, Separate Hydro Meters
- Heating: Electric, Fireplace(s), Natural Gas, Other
Ask an Agent About This Home
Courtesy of
- List Office Name: RE/MAX TWIN CITY REALTY INC. BROKERAGE-2
- List AOR: Waterloo Region Association of REALTORS® (WRAR)
This Multi-6-9 Unit style property is located in Kitchener is currently Residential Income and has been listed on The Westbury Way. This property is listed at $1,499,000. It has 0 beds bedrooms, 7 baths bathrooms, and is 7446.72 sq ft.
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