183 Ottawa Street S Kitchener, Ontario N2G 3T3
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Tony Johal
Broker
1400 Bishop St. N, Suite B
Cambridge, Ontario N1R 6W8
$1,499,000
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. (id:58576)
Property Details
| MLS® Number | 40683779 |
| Property Type | Multi-family |
| AmenitiesNearBy | Golf Nearby, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| CommunityFeatures | Community Centre |
| ParkingSpaceTotal | 2 |
Building
| BathroomTotal | 7 |
| BasementDevelopment | Unfinished |
| BasementType | Full (unfinished) |
| ExteriorFinish | Brick |
| FoundationType | Block |
| HeatingFuel | Electric, Natural Gas |
| HeatingType | Other |
| StoriesTotal | 3 |
| SizeInterior | 7446.72 Sqft |
| UtilityWater | Municipal Water |
Parking
| Attached Garage |
Land
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Golf Nearby, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 100 Ft |
| SizeFrontage | 43 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | L1 |
https://www.realtor.ca/real-estate/27719410/183-ottawa-street-s-kitchener
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
December 16 2024 02:14:03
Kitchener-Waterloo Association of REALTORS®
RE/MAX Twin City Realty Inc. Brokerage-2
Why Sell With Dharm Gill?
Selling your home with Dharm Gill means leveraging expert market knowledge, personalized marketing strategies, and dedicated support to ensure you get the best value. Dharm Gill’s commitment to excellence and client-focused approach guarantees a seamless and successful selling experience.
